Real Estate Investing in Brownsburg, Indiana (46112)

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

Hendricks County • Population: 42,491 • Data updated: September 2026

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Should you buy in 46112 (Brownsburg, IN)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (80/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Brownsburg, IN (46112)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $365,148
Avg Monthly Rent $1,932
1% Rule ✗ Does Not Meet
Median Income $106,043
% Renters 20.7%

Market Analysis: 46112 Brownsburg

The 46112 ZIP covers a section of Brownsburg that demands careful diligence. Prices near $365K look accessible, but the work to make a deal cash flow is real.

The investment case in 46112 is healthy only for operators who understand what they are buying. A $365K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

ZIP 46112's metrics run below Hendricks County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

The 46112 ZIP's population of 42,491 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.

Distressed ZIPs reward experience. resilient returns are possible in 46112, but they flow to investors who already understand how to operate in soft markets.

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 Brownsburg:

B Good
Buy Confidence Score: 76/100
Affordability
20/25
Appreciation
18/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.4× the median income
Value Trend
Rising (+3.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,932/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 46112

Which property type performs best in this market?

Best for Cash Flow
3BR
5.3% cap rate
Best for Appreciation
2BR
+8.5% 5yr CAGR
Best Overall Value
5BR
$96,319/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $247,757 $1,740 5.1% +8.5% $123,878
3BR $303,272 $2,250 5.3% +7.6% $101,091
4BR $415,709 $2,760 4.8% +7.0% $103,927
5BR $481,593 +6.6% $96,319

Market Trends

Home Value History (with trend line)

$384K$336K$289K$241K$193K$145KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,076$1,928$1,781$1,633$1,485$1,338Sep 2020Aug 2023Jul 2026

📊 How Does 46112 Compare?

Metric 46112 Brownsburg Indianapolis-Carmel-Anderson, IN Indiana
Home Value $365,148 $365,148 N/A $248,442
5-Year CAGR 5.0% 5.0% N/A 7.7%
Avg Rent $1,932 $1,932 N/A -
Cap Rate 4.1% 4.1% - -
💡 Why Invest in 46112? 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 46112 (Brownsburg, IN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.1%
Fair
5yr Growth
+5.0%
Moderate

📊 Market Snapshot

Home Value $365,148
Monthly Rent $1,932
Price-to-Rent 15.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.4%
Cap Rate 4.1%
5-Year IRR 9.1%

📈 Home Appreciation

1-Year +3.6% ▲
3-Year CAGR +2.5% ▲
5-Year CAGR +5.0% ▲
10-Year CAGR +6.6% ▲

🏠 Rent Trends

1-Year +0.9% ▲
3-Year CAGR +3.2% ▲
5-Year CAGR +3.9% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 4.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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
3.2%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.0%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 46112

Population: 42,491

💰 Median Household Income
$106,043
This area
$106,043
State
$69,164
USA
$74,580
🏠 Renter Occupied
20.7%
This area
20.7%
State
22.2%
USA
34.0%
💼 Unemployment Rate
1.2%
This area
1.2%
State
-23.5%
USA
3.7%
🎓 College Educated
48.6%
This area
48.6%
State
-6.4%
USA
33.7%
👤 Median Age
38.5 years
This area
38.5 years
State
-0.2 years
USA
38.9 years
🏚️ Vacancy Rate
3.2%
This area
3.2%
State
10.7%
USA
10.5%
👥 Population by Ethnicity
White 86.9%
Black/African American 7.8%
Other/Mixed 4.3%
Hispanic/Latino 2.2%
Asian 1.0%
👶 Under 18
27.1%
This area
27.1%
USA
22.0%
👴 65 and Over
13.4%
This area
13.4%
USA
17.3%
📊 Poverty Rate
5.6%
This area
5.6%
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

🎓 Schools in 46112

B Avg School Grade
12 Schools
17.8:1 Avg Class Size
$13,893 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Brown Elementary School

📚 K – 05 Elementary
👥
590 Students
👨‍🏫
14.9:1 Class Size
💰
$13,893 Per Student
B+ Above Average

Delaware Trail Elementary School

📚 K – 05 Elementary
👥
499 Students
👨‍🏫
14.5:1 Class Size
💰
$13,893 Per Student
B+ Above Average

Reagan Elementary School

📚 K – 05 Elementary
👥
549 Students
👨‍🏫
14.4:1 Class Size
💰
$13,893 Per Student
B+ Above Average

White Lick Elementary School

📚 K – 05 Elementary
👥
495 Students
👨‍🏫
14.4:1 Class Size
💰
$13,893 Per Student
B Good

Cardinal Elementary School

📚 K – 05 Elementary
👥
590 Students
👨‍🏫
15.2:1 Class Size
💰
$13,893 Per Student
B Good

Crossroads Elementary School

📚 K – 05 Elementary
👥
622 Students
👨‍🏫
17.6:1 Class Size
💰
$13,893 Per Student
B Good

Eagle Elementary School

📚 K – 05 Elementary
👥
551 Students
👨‍🏫
16.4:1 Class Size
💰
$13,893 Per Student
B Good

Lincoln Elementary School

📚 K – 05 Elementary
👥
559 Students
👨‍🏫
17.1:1 Class Size
💰
$13,893 Per Student
B Good

Brownsburg West Middle School

📚 06 – 08 Middle
👥
1,253 Students
👨‍🏫
14.8:1 Class Size
💰
$13,893 Per Student
B Good

Brownsburg East Middle School

📚 06 – 08 Middle
👥
1,171 Students
👨‍🏫
15.8:1 Class Size
💰
$13,893 Per Student
C Below Average

Brownsburg High School

📚 09 – 12 High School
👥
3,318 Students
👨‍🏫
19.8:1 Class Size
💰
$13,893 Per Student
C Below Average

Brownsburg Early Childhood Center

📚 Grade PK Elementary
👥
249 Students
👨‍🏫
39.3:1 Class Size
💰
$13,893 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby
C
Lincoln College of Technology-Indianapolis
1,004 students · 7.3 mi
D
Empire Beauty School-Speedway
209 students · 7.8 mi
C+
Textures Institute of Cosmetology
23 students · 9.1 mi
F
Fortis College-Indianapolis
265 students · 9.2 mi
C
Aviation Institute of Maintenance-Indianapolis
160 students · 9.2 mi
C
Marian University
3,586 students · 10.2 mi
D
Kenny's Academy of Barbering
147 students · 10.4 mi
D
Christian Theological Seminary
144 students · 11.0 mi

Frequently Asked Questions

Is Brownsburg, IN better for rentals, flips, or BRRRR?

Brownsburg, IN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($365K prices, $1,932/mo rents) make it a reasonable choice.

Are rents high in Brownsburg, IN?

Rents in Brownsburg, IN run near $1,932/mo. Compared with median home prices of $365K that produces solid gross yields for typical rentals.

How viable is house hacking in Brownsburg, IN?

House hacking in Brownsburg, IN is a challenging. With home values around $365K and rents at $1,932/mo, owner-occupants can offset a meaningful share of PITI.

Is IN a landlord-friendly state?

Landlord-friendliness in Brownsburg, IN is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

How qualified is the tenant pool in Brownsburg, IN?

Expect a solid tenant pool in Brownsburg, IN. The rental market absorbs $1,932/mo rents without meaningful friction.

You know 46112 now. You don’t know where it ranks.

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How 46112 ranks in Indianapolis-Carmel-Anderson, IN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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