Real Estate Investing in Hoagland, Indiana (46745)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 46745 (Hoagland, 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.
- High price-to-rent: Price-to-rent ratio 30.4 — 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 Hoagland, IN (46745)?
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Market Analysis: 46745 Hoagland
This part of Allen County is not an easy win. The 46745 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 46745 can be a a credible choice for hunting ground — but the discount at $319K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 46745 among IN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
On balance, 1,895 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 right play in 46745 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Hoagland:
Property Strategy for 46745
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $199,116 | $970 | 3.5% | +8.3% | $99,558 |
| 3BR | $297,043 | $1,210 | 2.9% | +8.3% | $99,014 |
| 4BR | $400,683 | $1,310 | 2.4% | +8.4% | $100,171 |
Market Trends
Home Value History (with trend line)
📊 How Does 46745 Compare?
| Metric | 46745 | Hoagland | Fort Wayne, IN | Indiana |
|---|---|---|---|---|
| Home Value | $318,764 | $318,764 | N/A | $248,442 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 7.7% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
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 46745 (Hoagland, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $318,764 |
| Monthly Rent | $873 |
| Price-to-Rent | 30.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 (2.1%). 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.
Demographics in 46745
Population: 1,895
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
Investor Insight: With 1,109 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Hoagland, IN?
The 3.0/5 investability rating in Hoagland, IN reflects its $319K prices and $873/mo rents. Investors generally consider it a solid option within IN.
Which real estate strategy fits Hoagland, IN?
The best-fit strategy in Hoagland, IN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How strong is the working-renter base in Hoagland, IN?
Tenant demand in Hoagland, IN is solid. The local workforce $873/mo rents across most rental classes.
Is Hoagland, IN landlord-friendly?
IN ranks as a landlord-friendly state for landlord-tenant law. Hoagland generally follows the statewide framework, so landlords face reasonable operating rules.
How tight is the rental market in Hoagland, IN?
Vacancy risk in Hoagland, IN is elevated. That supports steady cash flow for typical rental holds.
You know 46745 now. You don’t know where it ranks.
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How 46745 ranks in Fort Wayne, IN
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