Real Estate Investing in Lizton, Indiana (46149)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 46149 (Lizton, IN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lizton, IN (46149)?
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Market Analysis: 46149 Lizton
ZIP 46149 inside Hendricks County looks affordable on the surface — median value of $361K — but the discount exists for reasons that a careful buyer should understand before committing.
Turning to rents, the numbers look inviting — $361K purchase price, 0.0% nominal cap — the work to hit that pro forma in 46149 is substantial and deserves full respect.
Regionally, 46149 sits on the difficult end of the IN spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
The 46149 ZIP's population of 2,234 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Lizton:
Property Strategy for 46149
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $231,560 | $1,500 | 4.7% | +7.3% | $115,780 |
| 3BR | $329,486 | $1,940 | 4.2% | +7.6% | $109,829 |
| 4BR | $428,749 | $2,380 | 4.0% | +6.9% | $107,187 |
Market Trends
Home Value History (with trend line)
📊 How Does 46149 Compare?
| Metric | 46149 | Lizton | Indianapolis-Carmel-Anderson, IN | Indiana |
|---|---|---|---|---|
| Home Value | $360,516 | $360,516 | N/A | $248,442 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 7.7% |
| Avg Rent | $1,350 | $1,350 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 46149 (Lizton, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $360,516 |
| Monthly Rent | $1,350 |
| Price-to-Rent | 22.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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.
Demographics in 46149
Population: 2,234
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 46149
Schools in This ZIP Code
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.
Frequently Asked Questions
What is the average monthly rent in Lizton, IN?
Rent in Lizton, IN is around $1,350/mo. The resulting rent-to-value relationship with $361K pricing is reasonable for most investor models.
Is Lizton, IN landlord-friendly?
IN law landlord-friendly for landlords, and Lizton inherits those rules. Investors should still review local ordinances for rental licensing.
How quickly do rentals get leased in Lizton, IN?
Lizton, IN carries elevated vacancy risk. Expect predictable absorption at market rents of $1,350/mo.
Is house hacking profitable in Lizton, IN?
House hacking works a challenging in Lizton, IN. Rents of $1,350/mo against $361K acquisition make the strategy solid for owner-occupants.
Is Lizton, IN a smart market for rental property?
With a 3.0/5 investability score, Lizton, IN ranks as a solid market for rental property investors. Median prices of $361K and rents of $1,350/mo drive the underlying numbers.
You know 46149 now. You don’t know where it ranks.
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How 46149 ranks in Indianapolis-Carmel-Anderson, IN
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