Real Estate Investing in Syracuse, Indiana (46567)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 46567 (Syracuse, 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: 31.0% of homes vacant — above national norms.
What’s happening in Syracuse, IN (46567)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 46567 Syracuse
ZIP 46567 inside Kosciusko County looks affordable on the surface — median value of $387K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 46567 can be a worth a close look for hunting ground — but the discount at $387K reflects genuine risk that outside investors often underestimate.
The gap between 46567 and stronger Syracuse ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Put differently, 9,371 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The 46567 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.
Here's what matters if you're considering buying a home in Syracuse:
Property Strategy for 46567
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $192,533 | $860 | 3.2% | +7.2% | $192,533 |
| 2BR | $266,578 | $1,100 | 3.0% | +8.7% | $133,289 |
| 3BR | $352,624 | $1,350 | 2.8% | +8.5% | $117,541 |
| 4BR | $639,073 | $1,500 | 1.7% | +9.7% | $159,768 |
| 5BR | $1,547,005 | — | — | +12.2% | $309,401 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 46567 Compare?
| Metric | 46567 | Syracuse | Warsaw, IN | Indiana |
|---|---|---|---|---|
| Home Value | $386,557 | $386,557 | N/A | $248,442 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 7.7% |
| Avg Rent | $1,700 | $1,700 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
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 46567 (Syracuse, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $386,557 |
| Monthly Rent | $1,700 |
| Price-to-Rent | 19.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +10.3% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (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.
Demographics in 46567
Population: 9,371
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 46567
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Where do rents currently stand in Syracuse, IN?
Expect rents around $1,700/mo per month in Syracuse, IN. With home values at $387K, the yield math works out to reasonable levels for rental investors.
Is it easy to find good tenants in Syracuse, IN?
Tenant quality in Syracuse, IN ranks as solid. Landlords generally report reliable occupancy at market rents of $1,700/mo.
How much should I expect to pay for a home in Syracuse, IN?
Syracuse, IN median home values land near $387K. That is reasonable territory for investors looking at $1,700/mo-per-month rentals.
Is rental property easy to operate in Syracuse, IN?
IN law landlord-friendly for landlords, and Syracuse inherits those rules. Investors should still review local ordinances for rental licensing.
Is Syracuse, IN a smart market for rental property?
Yes - Syracuse, IN a 3.0/5 investability score. With $387K home prices against $1,700/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 46567 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 46567 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 46567 ranks in Warsaw, IN
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