Real Estate Investing in Marion, Indiana (46952)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 46952 (Marion, IN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.4% of homes vacant — above national norms.
What’s happening in Marion, IN (46952)?
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Market Analysis: 46952 Marion
This part of Grant County is not an easy win. The 46952 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 46952 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 46952's metrics run below Grant County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 46952 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Marion's stable or hybrid ZIPs before stepping into 46952. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Marion:
Property Strategy for 46952
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $85,886 | $960 | 8.0% | +9.3% | $42,943 |
| 3BR | $154,326 | $1,260 | 5.9% | +8.5% | $51,442 |
| 4BR | $245,229 | $1,410 | 4.1% | +8.1% | $61,307 |
| 5BR | $321,151 | — | — | +7.4% | $64,230 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 46952 Compare?
| Metric | 46952 | Marion | Marion, IN | Indiana |
|---|---|---|---|---|
| Home Value | $169,939 | $138,755 | N/A | $248,442 |
| 5-Year CAGR | 7.0% | 6.4% | N/A | 7.7% |
| Avg Rent | $815 | $892 | N/A | - |
| Cap Rate | 3.7% | 5.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 46952 (Marion, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $169,939 |
| Monthly Rent | $815 |
| Price-to-Rent | 17.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.7% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (3.7%). 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 46952
Population: 17,825
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 46952
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
Are renters plentiful in Marion, IN?
Marion, IN draws a stable base of working renters. Demand at the $815/mo rent level is reasonable for standard single-family and small multi rentals.
Do rentals sit vacant long in Marion, IN?
Rental vacancy in Marion, IN is elevated. Investors should budget normal turnover but not chronic empty units.
What is the average home sale price in Marion, IN?
Typical homes in Marion, IN go for around $170K. The 5-year CAGR of 0.0% predictable price movement.
Is Marion, IN a good market for FHA house hackers?
Marion, IN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $815/mo rent level.
What strategy should investors use in Marion, IN?
Investors usually favor careful cash-flow rentals with hands-on management in Marion, IN. With home values at $170K and rents near $815/mo, other strategies can work but produce steady rather than outsized returns.
You know 46952 now. You don’t know where it ranks.
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How 46952 ranks in Marion, IN
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