Real Estate Investing in Fort Wayne, Indiana (46825)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 46825 (Fort Wayne, 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.
No major risk flags on the data we track.
What’s happening in Fort Wayne, IN (46825)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 46825 Fort Wayne
The 46825 ZIP in Fort Wayne, IN is a local-operator market. Outside capital chasing a $262K entry has to pair deep knowledge with the discount.
The 46825 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 46825's metrics run below Allen County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 46825 ZIP's population of 29,071 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
The 46825 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 Fort Wayne:
Property Strategy for 46825
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $224,596 | $1,260 | 4.0% | +8.8% | $112,298 |
| 3BR | $237,139 | $1,560 | 4.7% | +8.7% | $79,046 |
| 4BR | $303,991 | $1,710 | 4.1% | +7.8% | $75,998 |
| 5BR | $359,410 | — | — | +7.1% | $71,882 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 46825 Compare?
| Metric | 46825 | Fort Wayne | Fort Wayne, IN | Indiana |
|---|---|---|---|---|
| Home Value | $261,788 | $94,884 | N/A | $248,442 |
| 5-Year CAGR | 6.8% | 7.0% | N/A | 7.7% |
| Avg Rent | $1,403 | $1,291 | N/A | - |
| Cap Rate | 4.2% | 4.5% | - | - |
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 46825 (Fort Wayne, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $261,788 |
| Monthly Rent | $1,403 |
| Price-to-Rent | 15.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.2% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 Rent Trends
| 1-Year | 0.0% ▼ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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 46825
Population: 29,071
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 46825
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 the typical rental rate in Fort Wayne, IN?
Expect rents around $1,403/mo per month in Fort Wayne, IN. With home values at $262K, the yield math works out to reasonable levels for rental investors.
Are there empty rentals in Fort Wayne, IN?
Fort Wayne, IN carries elevated vacancy risk. Expect stable absorption at market rents of $1,403/mo.
Is real estate in Fort Wayne, IN a good investment right now?
Our data puts Fort Wayne, IN at 3.0/5 for investability. Home prices of $262K and rents around $1,403/mo create a solid backdrop for investor activity.
Can owner-occupants cash flow in Fort Wayne, IN?
The house hack math a challenging in Fort Wayne, IN. Owner-occupant buyers benefit from the $1,403/mo rents and $262K home values.
How expensive is real estate in Fort Wayne, IN?
In Fort Wayne, IN the median home value sits at $262K. Against the broader IN market, that reads as reasonable for most investors.
You know 46825 now. You don’t know where it ranks.
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How 46825 ranks in Fort Wayne, IN
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