Real Estate Investing in Kimmell, Indiana (46760)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 46760 (Kimmell, 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.
- Elevated vacancy: 10.9% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Kimmell, IN (46760)?
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Market Analysis: 46760 Kimmell
ZIP 46760 in Kimmell, IN carries a durable set of headwinds. Home values near $250K and rents of $927/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 46760 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 46760 among IN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A substantial renter share of 23% in 46760 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 46760 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Kimmell:
Property Strategy for 46760
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $177,699 | $1,030 | 4.2% | +8.7% | $88,850 |
| 3BR | $254,786 | $1,230 | 3.5% | +8.8% | $84,929 |
Market Trends
Home Value History (with trend line)
📊 How Does 46760 Compare?
| Metric | 46760 | Kimmell | Kendallville, IN | Indiana |
|---|---|---|---|---|
| Home Value | $250,221 | $250,221 | N/A | $248,442 |
| 5-Year CAGR | 7.5% | 7.5% | N/A | 7.7% |
| Avg Rent | $927 | $927 | 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 46760 (Kimmell, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $250,221 |
| Monthly Rent | $927 |
| Price-to-Rent | 22.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 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 (2.9%). 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 46760
Population: 1,129
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
Frequently Asked Questions
What is the median home value in Kimmell, IN?
Typical homes in Kimmell, IN go for around $250K. The 5-year CAGR of 0.0% reliable price movement.
How do experienced investors play Kimmell, IN?
The best-fit strategy in Kimmell, IN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Kimmell, IN landlord-friendly?
IN law landlord-friendly for landlords, and Kimmell inherits those rules. Investors should still review local ordinances for rental licensing.
Does Kimmell, IN make sense for an investment property?
With a 3.0/5 investability score, Kimmell, IN ranks as a solid market for rental property investors. Median prices of $250K and rents of $927/mo drive the underlying numbers.
Does house hacking make sense in Kimmell, IN?
House hacking works a challenging in Kimmell, IN. Rents of $927/mo against $250K acquisition make the strategy solid for owner-occupants.
You know 46760 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 46760 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 46760 ranks in Kendallville, IN
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