Real Estate Investing in Etna Green, Indiana (46524)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 46524 (Etna Green, IN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.8% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 29.5 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Etna Green, IN (46524)?
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Market Analysis: 46524 Etna Green
Not every below-median market is a bargain. Etna Green's 46524 ZIP sits at signals that favor experienced operators who can absorb the risk $309K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 46524 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 46524 sits on the difficult end of the IN spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 46524 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
looks to 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 Etna Green:
Property Strategy for 46524
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $220,213 | $970 | 3.2% | +6.3% | $110,106 |
| 3BR | $275,857 | $1,200 | 3.1% | +6.9% | $91,952 |
| 4BR | $314,752 | $1,360 | 3.1% | +7.1% | $78,688 |
Market Trends
Home Value History (with trend line)
📊 How Does 46524 Compare?
| Metric | 46524 | Etna Green | Warsaw, IN | Indiana |
|---|---|---|---|---|
| Home Value | $308,806 | $308,806 | N/A | $248,442 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 7.7% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 46524 (Etna Green, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $308,806 |
| Monthly Rent | $873 |
| Price-to-Rent | 29.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +10.3% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (2.2%). 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 46524
Population: 2,133
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
Frequently Asked Questions
Is Etna Green, IN a good market for buy-and-hold investors?
Etna Green, IN rates 3.0/5 for investability. With median values at $309K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.
What real estate strategy is ideal for Etna Green, IN?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Etna Green, IN. The numbers - $309K homes against $873/mo rents - support that play.
How much is rent in Etna Green, IN?
Rental rates in Etna Green, IN average $873/mo. Tenant demand and $309K home values make the yield look reasonable by investor standards.
What is the typical vacancy rate in Etna Green, IN?
Expect elevated vacancy in Etna Green, IN. Rents at $873/mo are absorbed by the tenant base without meaningful lag.
Is house hacking profitable in Etna Green, IN?
The a challenging house-hack environment in Etna Green, IN reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
You know 46524 now. You don’t know where it ranks.
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How 46524 ranks in Warsaw, IN
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