Real Estate Investing in New Haven, Indiana (46774)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 46774 (New Haven, IN)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
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.
What’s happening in New Haven, IN (46774)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 46774 New Haven
This part of Allen County is not an easy win. The 46774 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 46774 can be a worth a close look for hunting ground — but the discount at $252K reflects genuine risk that outside investors often underestimate.
In the broader IN picture, 46774 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 46774 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 46774 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 New Haven:
Property Strategy for 46774
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $178,391 | $1,110 | 4.5% | +8.9% | $89,195 |
| 3BR | $226,403 | $1,400 | 4.5% | +8.6% | $75,468 |
| 4BR | $286,620 | $1,510 | 3.8% | +8.1% | $71,655 |
| 5BR | $360,340 | — | — | +7.0% | $72,068 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 46774 Compare?
| Metric | 46774 | New Haven | Fort Wayne, IN | Indiana |
|---|---|---|---|---|
| Home Value | $251,839 | $251,839 | N/A | $248,442 |
| 5-Year CAGR | 7.2% | 7.2% | N/A | 7.7% |
| Avg Rent | $1,375 | $1,375 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
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 46774 (New Haven, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $251,839 |
| Monthly Rent | $1,375 |
| Price-to-Rent | 15.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 11.5% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (7.0%) exceeds the estimated cap rate (4.3%). 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 46774
Population: 17,066
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 46774
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
Investor Insight: With 1,109 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is it like being a landlord in New Haven, IN?
Rental owners in New Haven, IN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How deep is the rental pool in New Haven, IN?
New Haven, IN offers a steady renter base at the $1,375/mo rent level. Tenant turnover is reasonable for well-managed properties.
Are rents high in New Haven, IN?
Investors in New Haven, IN typically see rents near $1,375/mo per month against $252K home values - a solid setup for rental cash flow.
How strong is New Haven, IN for real estate investors?
New Haven, IN sits at an investability rating of 3.0/5, with median home values near $252K and average rents around $1,375/mo. That combination puts it in the significant tier for investor interest.
What is the typical home price in New Haven, IN?
New Haven, IN home values average about $252K. That price point suits investors targeting rentals with $1,375/mo in monthly income.
You know 46774 now. You don’t know where it ranks.
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How 46774 ranks in Fort Wayne, IN
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