Real Estate Investing in Boggstown, Indiana (46110)

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

Shelby County • Population: 942 • Data updated: September 2026

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Should you buy in 46110 (Boggstown, IN)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
  • High price-to-rent: Price-to-rent ratio 26.2 — hard to cash-flow at these prices.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Boggstown, IN (46110)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $319,114
Avg Monthly Rent $1,017
1% Rule ✗ Does Not Meet
Median Income $67,271
% Renters 0.0%

Market Analysis: 46110 Boggstown

ZIP 46110 inside Shelby County looks affordable on the surface — median value of $319K — but the discount exists for reasons that a careful buyer should understand before committing.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $319K asset, 46110 is the wrong submarket. If the plan prices in friction, the yield can still work.

On balance, 46110 offers a low basis, the region around Boggstown has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

The 46110 ZIP's population of 942 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.

The 46110 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 Boggstown:

C+ Average
Buy Confidence Score: 60/100
Affordability
10/25
Appreciation
18/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.7× the median income
Value Trend
Rising (+4.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,017/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

Market Trends

Home Value History (with trend line)

$336K$295K$254K$214K$173K$132KFeb 2009Nov 2017Jul 2026

📊 How Does 46110 Compare?

Metric 46110 Boggstown Indianapolis-Carmel-Anderson, IN Indiana
Home Value $319,114 $319,114 N/A $248,442
5-Year CAGR 4.9% 4.9% N/A 7.7%
Avg Rent $1,017 $1,017 N/A -
Cap Rate 2.5% 2.5% - -
💡 Why Invest in 46110? Click to expand

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

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 46110 (Boggstown, IN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.5%
Low
5yr Growth
+4.9%
Moderate

📊 Market Snapshot

Home Value $319,114
Monthly Rent $1,017
Price-to-Rent 26.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.8%
Cap Rate 2.5%
5-Year IRR 7.4%

📈 Home Appreciation

1-Year +4.3% ▲
3-Year CAGR +3.6% ▲
5-Year CAGR +4.9% ▲
10-Year CAGR +6.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). 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
0.0%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.9%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 46110

Population: 942

💰 Median Household Income
$67,271
This area
$67,271
State
$69,164
USA
$74,580
🏠 Renter Occupied
0.0%
This area
0.0%
State
22.2%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-23.5%
USA
3.7%
🎓 College Educated
3.9%
This area
3.9%
State
-6.4%
USA
33.7%
👤 Median Age
32.4 years
This area
32.4 years
State
-0.2 years
USA
38.9 years
🏚️ Vacancy Rate
0.0%
This area
0.0%
State
10.7%
USA
10.5%
👥 Population by Ethnicity
White 96.6%
Hispanic/Latino 3.4%
Other/Mixed 3.4%
👶 Under 18
39.0%
This area
39.0%
USA
22.0%
👴 65 and Over
14.4%
This area
14.4%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
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
Franklin College
966 students · 9.1 mi
C
Paul Mitchell the School-Indianapolis
224 students · 12.7 mi

Frequently Asked Questions

How much do tenants pay in Boggstown, IN?

Investors in Boggstown, IN typically see rents near $1,017/mo per month against $319K home values - a solid setup for rental cash flow.

Do landlords face vacancy issues in Boggstown, IN?

Occupancy in Boggstown, IN runs consistent with elevated vacancy. Well-priced units at $1,017/mo lease on reasonable timelines.

How do experienced investors play Boggstown, IN?

For Boggstown, IN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Is Boggstown, IN good for landlords?

Rental owners in Boggstown, IN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

Are renters plentiful in Boggstown, IN?

Expect a solid tenant pool in Boggstown, IN. The rental market absorbs $1,017/mo rents without meaningful friction.

You know 46110 now. You don’t know where it ranks.

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How 46110 ranks in Indianapolis-Carmel-Anderson, IN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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