Indiana
Cass County
ZIP 46998
37,703 residents46 permits TTM$56,525 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$118,700
ACS 5-Year
Cap rate proxy
7.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.5%
HUD FMR ÷ ACS HHI
Net migration
+1.07%
IRS SOI
Permits (TTM)
46
Census BPS
Climate risk
56.8
FEMA NRI (0–100)
ZIP 46998
Median home value
—
Gross yield
—
Cap rate
7.9%
Rent gap
—
Affordability
P/I: 2.1R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown9 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 46961 | — | — | — | 7.9% | — |
| 46967 | — | — | — | 7.9% | — |
| 46998 | — | — | — | 7.9% | — |
| 46950 | — | — | — | 7.9% | — |
| 46988 | — | — | — | 7.9% | — |
Ranked by composite score
Compare all ZIPs in Cass County
See all 9 ZIPs ranked by yield and cap rate
Compare yields, cap rates, rent gaps, and affordability across every ZIP. Free account.
- Sortable table — sort by yield, rent gap, affordability
- Drill into any ZIP for full detail
- Save markets and weekly market digest
Free · No credit card · No spam
4
ZIP comparison table. Showing 5 of 9 ZIPs. Sign up to see all.
Demographics
Owner-occupied
75.3%
Census ACS
Vacancy rate
8.9%
Census ACS
Bachelor's degree +
15.6%
Census ACS
Rent burdened
33.5%
Census ACS (>30% income)
Median age
41.1
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026