Real Estate Investing in Markleville, Indiana (46056)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Madison County • Population: 2,244 • Data updated: September 2026

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Should you buy in 46056 (Markleville, IN)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 10.7% vacancy may signal weakening demand.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Markleville, IN (46056)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $283,035
Avg Monthly Rent $1,215
1% Rule ✗ Does Not Meet
Median Income $80,179
% Renters 9.8%

Market Analysis: 46056 Markleville

The 46056 ZIP in Markleville, IN is a local-operator market. Outside capital chasing a $283K entry has to pair deep knowledge with the discount.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $283K asset, 46056 is the wrong submarket. If the plan prices in friction, the yield can still work.

Statewide comparisons place 46056 among IN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Resident income in 46056 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

The 46056 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Markleville:

B Good
Buy Confidence Score: 77/100
Affordability
20/25
Appreciation
25/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.5× the median income
Value Trend
Rising (+4.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,215/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Indianapolis-Carmel-Anderson, IN Metro Area
More inventory, negotiating room for buyers
40 days
Average time to sell
Average
13.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Indianapolis-Carmel-Anderson, IN metro data
🏠

Property Strategy for 46056

Which property type performs best in this market?

Best for Cash Flow
2BR
5.1% cap rate
Best for Appreciation
3BR
+9.5% 5yr CAGR
Best Overall Value
3BR
$90,125/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $192,443 $1,350 5.1% +8.9% $96,221
3BR $270,375 $1,780 4.7% +9.5% $90,125
4BR $361,051 $1,790 3.6% $90,263

Market Trends

Home Value History (with trend line)

$303K$259K$215K$170K$126K$82KJan 2009Oct 2017Jul 2026

📊 How Does 46056 Compare?

Metric 46056 Markleville Indianapolis-Carmel-Anderson, IN Indiana
Home Value $283,035 $283,035 N/A $248,442
5-Year CAGR 7.0% 7.0% N/A 7.7%
Avg Rent $1,215 $1,215 N/A -
Cap Rate 3.4% 3.4% - -
💡 Why Invest in 46056? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 46056 (Markleville, IN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.4%
Low
5yr Growth
+7.0%
Strong

📊 Market Snapshot

Home Value $283,035
Monthly Rent $1,215
Price-to-Rent 19.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.2%
Cap Rate 3.4%
5-Year IRR 10.4%

📈 Home Appreciation

1-Year +4.2% ▲
3-Year CAGR +5.9% ▲
5-Year CAGR +7.0% ▲
10-Year CAGR +8.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
10.7%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.0%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 46056

Population: 2,244

💰 Median Household Income
$80,179
This area
$80,179
State
$69,164
USA
$74,580
🏠 Renter Occupied
9.8%
This area
9.8%
State
22.2%
USA
34.0%
💼 Unemployment Rate
3.4%
This area
3.4%
State
-23.5%
USA
3.7%
🎓 College Educated
22.0%
This area
22.0%
State
-6.4%
USA
33.7%
👤 Median Age
45.6 years
This area
45.6 years
State
-0.2 years
USA
38.9 years
🏚️ Vacancy Rate
10.7%
This area
10.7%
State
10.7%
USA
10.5%
👥 Population by Ethnicity
White 96.3%
Other/Mixed 3.7%
Hispanic/Latino 3.1%
👶 Under 18
23.0%
This area
23.0%
USA
22.0%
👴 65 and Over
20.8%
This area
20.8%
USA
17.3%
📊 Poverty Rate
3.9%
This area
3.9%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Nearby Colleges & Universities

2 Nearby
C
Summit Salon Academy
127 students · 6.6 mi
C
Anderson University
1,255 students · 10.0 mi

Frequently Asked Questions

Is Markleville, IN a good place for real estate investing?

Yes - Markleville, IN a 3.0/5 investability score. With $283K home prices against $1,215/mo monthly rent, the market delivers a reasonable entry point for new investors.

How much do tenants pay in Markleville, IN?

Rent in Markleville, IN is around $1,215/mo. The resulting rent-to-value relationship with $283K pricing is reasonable for most investor models.

What are vacancy rates like in Markleville, IN?

Markleville, IN sees elevated vacancy, which is reasonable relative to the broader IN rental market.

Is Markleville, IN a good market for FHA house hackers?

Markleville, IN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,215/mo rent level.

Is it easy to find good tenants in Markleville, IN?

The renter base in Markleville, IN is reasonable for the $1,215/mo price point. Screening well and pricing to market typically yields measured tenants.

You know 46056 now. You don’t know where it ranks.

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How 46056 ranks in Indianapolis-Carmel-Anderson, IN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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