ACS 2021 release
2017-2021 five-year estimate
- Median home value B25077
- $142,300Margin of error ±$12,885
- Median gross rent B25064
- $752Margin of error ±$74
- Population B01003
- 2,749Margin of error ±283
Rental market · ZIP 46770 · Markle, IN
ZIP 46770, Markle, IN rental market
Population 2,530 · Markle, Wells County, IN · ZIP Code Tabulation Area
Ranked · ACS 2024 5-year
CGRADE
44.1/100 · Rental Investor ZIP Score
National rank #11,333 of 20,132 scored ZIP Codes
IN rank #330 of 505 · data confidence: high
under 28.1DCBA
Grade cut points, score out of 100: A from 63.7 · B from 54.7 · C from 42.4 · D from 28.1. This ZIP's 44.1 sits in the C band, which opens at 42.4 and ends below 54.7. The cut points are the model's own, read from the published ZIP dataset, and are identical for every ZIP Code area.
The four category scores that combine into the number above, on the model's own 0 to 100 score scale. These bars are not percentiles: for where those scores place this ZIP Code against every other scored one, see how this ZIP ranks below.
Cash Flow & Affordability ZIP data
39
Local Demand & Market Quality ZIP data
38
Surrounding-Market Growth county / place context
61
Stability & Risk ZIP + place context
39
Watch: cash flow is thin relative to price. elevated stability/risk signals.
Cash Flow & Affordability was scored using a measured (Zillow) home value, giving an effective price-to-income of 4.23× and tax burden of 0.43% of value: the number this category's score is actually based on, which can differ from the ACS survey value shown elsewhere on this page.
A transparent screening score, not a return forecast. Affordable, higher-yield markets can score well when demand, liquidity, low vacancy, reliable government data and a growing surrounding market support them. Categories labeled “context” use official county/place data, never presented as ZIP-level observation. ZIP and city scores are not directly comparable. See how this score works.
How this ZIP ranks: nationally & in-state
Each bar places this ZIP against all 20,132 scored ZIP Codes nationally.Each bar places this ZIP against the 505 scored ZIP Codes in IN. The marker is this ZIP and further right is more favorable to an investor; the tick is the median. Every position here is a percentile: the 0–100 scores and the grade they earn are stated once, in the card above, and this card states once where those same five numbers place this ZIP Code.
Overall Rental Investor ZIP Score
44th percentile
Cash Flow & Affordability
28th percentile
Local Demand & Market Quality
26th percentile
Surrounding-Market Growth county / place context
63rd percentile
Stability & Risk ZIP + place context
31st percentile
← 0th percentile50th (median)100th percentile →
Percentiles are the frozen model's own numbers among scored ZIP Codes (deterministic competition ranking); an unreliable or thin-peer in-state comparison reads “Not available,” never zero. All underlying figures are ACS survey estimates with margins of error. The comparability caveat and the method link for this score are stated once, in the card above.
What went into this score: 12 national factor percentiles
Cash Flow & Affordability
Gross rental yieldZIP observation
26th
Price to incomeZIP observation
42nd
Property-tax burdenZIP observation
87th
Rent as a share of incomeZIP observation
3rd
Local Demand & Market Quality
Population scaleZIP observation · scale, not quality
23rd
Renter-household depthZIP observation · scale, not quality
21st
Renter share of householdsZIP observation
22nd
Rental vacancyZIP observation
86th
Market heat (Zillow measured)ZIP observation
37th
Surrounding-Market Growth
County population growthcounty context
61st
Stability & Risk
Median year builtZIP observation
40th
ACS data confidenceZIP observation
38th
Every figure here is the frozen model’s own national percentile for one factor, read from the published ZIP dataset: 12 of the 15 factors this model defines were available for this ZIP Code. 3 of them could not be measured here (surrounding-market growth, surrounding-market stability, recently built share) and were left out of the average rather than filled in with a national guess. Higher is the direction the model treats as more favourable to a rental investor; population scale and renter-household depth are size, not quality. Each category score is the plain average of its own percentiles above; the overall score combines those four at the weights shown. The percentiles are published rounded to whole numbers, so averaging the printed figures lands a fraction of a point from the published score. Nothing on this panel is recomputed here, and a factor percentile is not a score.
Key metrics
2,530
Population
±330 ±13.2% moderate
$222,700
Median home value (ACS, owner-reported)
±$26,000 ±11.8% moderate
$777
Median gross rent (ACS, incl. utilities)
±$100 ±13.5% moderate
4.2%
Survey gross-rent yield (proxy)
Derived from ACS estimates: no published margin of error
$66,750
Median household income
±$13,000 ±20% moderate
0.0%
Rental vacancy
Derived from ACS estimates: no published margin of error
15.9%
Renter share
Derived from ACS estimates: no published margin of error
0.6%
Estimated property-tax burden
Derived from ACS estimates: no published margin of error
1974
Median year built
±8 years margin in years; a share of a year number would not mean anything
4.5%
Multifamily (5+ units)
Derived from ACS estimates: no published margin of error
Market context
Trend context
Loading home value context…
View source data
Each point is one ACS 5-year estimate on the same 2020-Census ZCTA boundary. Adjacent releases overlap, so the release-to-release differences are not independent annual market movement.
| Series | 2017–2021 | 2018–2022 | 2019–2023 | 2020–2024 |
|---|---|---|---|---|
| Median home value B25077 | $142,300 ±$12,885 | $162,200 ±$16,127 | $203,900 ±$33,583 | $222,700 ±$26,285 |
| Median gross rent B25064 | $752 ±$74 | $775 ±$142 | $801 ±$212 | $777 ±$105 |
| Population B01003 | 2,749 ±283 | 2,820 ±341 | 2,604 ±363 | 2,530 ±333 |
ACS 2022 release
2018-2022 five-year estimate
- Median home value B25077
- $162,200Margin of error ±$16,127
- Median gross rent B25064
- $775Margin of error ±$142
- Population B01003
- 2,820Margin of error ±341
ACS 2023 release
2019-2023 five-year estimate
- Median home value B25077
- $203,900Margin of error ±$33,583
- Median gross rent B25064
- $801Margin of error ±$212
- Population B01003
- 2,604Margin of error ±363
ACS 2024 release
2020-2024 five-year estimate
- Median home value B25077
- $222,700Margin of error ±$26,285
- Median gross rent B25064
- $777Margin of error ±$105
- Population B01003
- 2,530Margin of error ±333
Source: U.S. Census Bureau, American Community Survey 5-year, table-based Summary File (ZCTA geography); tables B25077 (median value), B25064 (median gross rent), and B01003 (population); estimate + margin of error. Missing releases remain gaps and are never interpolated. Home value is owner-reported; gross rent describes renter housing stock; population is a ZCTA estimate. Dollar figures are nominal.
Measured market data
Measured observations for this ZIP Code, published beside the government survey figures above rather than replacing them. They measure different things and will legitimately disagree; the reconciliation below states on which axis, one axis at a time, instead of leaving a reader to guess. ZORI does not correct the ACS rent; neither is a better version of the other. Monthly series, revised in recent months, observed 2026-07, not live.
| Figure | ACS survey estimate | Zillow measured index |
|---|---|---|
| Typical home value | $222,700±$26,000, the Census Bureau’s published 90% margin of error | $282,230no published margin of error |
| Methodology typical home value | The median of what owners themselves estimate their own home to be worth, across owner-occupied homes only. | A smoothed index of the typical value of homes in the middle tier (35th to 65th percentile) of the local stock, whether or not they sold. |
| Source | U.S. Census Bureau, American Community Survey 5-year estimates. | Zillow Economic Research public research data. |
| Vintage | ACS 2024 5-year: one estimate pooled over 2020–2024. Restated once a year, not monthly, and adjacent releases overlap. | Monthly series, observed 2026-07 and revised in recent months. Not live. |
| Geography | 2020 Census ZIP Code Tabulation Area 46770. | USPS ZIP code 46770: a related, but not identical, area. |
The index for typical home value is $59,530 higher than the survey estimate, whose own 90% margin of error is ±$26,000: the two are separated by more than survey sampling error alone accounts for. A gap of either size is expected when the source, vintage, methodology and geography all differ, and is not evidence that either figure is wrong. Neither figure corrects the other, and no margin of error is implied for the index, which publishes none.
| Zillow Home Value Index (ZHVI, mid tier) | $282,230 |
|---|---|
| ZHVI bottom tier (5th–35th pct) | $164,364 |
| ZHVI top tier (65th–95th pct) | $468,837 |
| Market heat index | 45 |
| For-sale inventory | 10 |
| Measured 3-yr value growth | 5.41%/yr |
| Measured 5-yr value growth | 6.75%/yr |
| Measured 10-yr value growth | 7.29%/yr |
| ZHVI, 2-bedroom | $180,227 |
| ZHVI, 3-bedroom | $277,801 |
| ZHVI, 4-bedroom | $362,712 |
Measured value-growth signal: 85 of 100: this ZIP Code area ranks #3,000 of 19,419 ZIP Codes with a measured 3-year value growth rate. This is a separate national signal, published beside the overall score and deliberately not folded into it.
Source: Zillow Economic Research public research data, observation month 2026-07. Zillow keys on USPS ZIP codes; this page is a 2020 Census ZCTA, related but not identical geographies, so a Zillow value is matched to this ZCTA by code and is not a statement that the two areas are the same. Zillow is not affiliated with, and does not endorse, Compounding Estates.
Market Negotiation Leverage
Some buyer leverage (63rd percentile among scored ZIP Codes)
Derived from Zillow's market-heat index for this ZIP, inverted (a cooler market means more room for a buyer to negotiate). 10 active listings. This is a cross-sectional snapshot (how this ZIP compares to every other tracked ZIP today), not a seasonal or historical baseline for this specific ZIP (no multi-year time series exists to support that claim). Not a prediction of what any specific seller will accept. See how this is calculated.
Source: Zillow Economic Research public research data. Zillow is not affiliated with, and does not endorse, Compounding Estates.
Underwrite with these as starting points
Opening a calculator pre-loads the ACS median owner value and median gross rent as a survey-level starting point; every calculator input is editable. Owner-occupied median value and renter median gross rent describe different housing stock: the median-valued home is not the typical rental, so this is a screen, not a listing, appraisal, asking rent, cap rate, or forecast. Bring your own entry price and rent.
ZIP Codes bordering 46770
8 ZIP Code areas share a land boundary with 46770 in the official Census 2020 ZCTA map, ordered by shared-boundary length, not ZIP-number proximity or driving distance. 6 of them are in CE’s ranked set and are listed below, each with its own Rental Investor ZIP Score, grade and national rank, read from the same published dataset as this page. The rest are counted here and searchable from the ZIP Code explorer. A neighbour’s score is a score for that area, never for 46770, and this list is ordered by border length, so it is not a ranking and no neighbour is called best.
- 46714 Bluffton, INB56/100#5,318 nat20.3 km shared border
- 46750 Huntington, INB59/100#3,766 nat19.2 km shared border
- 46791 Uniondale, INC42/100#12,066 nat18.6 km shared border
- 46792 Warren, INB56/100#5,462 nat10.8 km shared border
- 46783 Roanoke, INB57/100#4,837 nat10.2 km shared border
- 46777 Ossian, INC54/100#6,232 nat7.9 km shared border
Evidence, sources & limitations
Official geography: Markle town, Wells County. Analytical entity: the U.S. Census ZIP Code Tabulation Area (ZCTA) 46770, an approximation of the USPS ZIP delivery area, not its exact route boundaries. Model z3-measured-v1; data ACS 2024 5-year.
This ZIP Code area is primarily in Wells County (spans multiple counties), overlapping Markle and other places, by land-area overlap from the official Census 2020 ZCTA relationship files (not population or address share).
| Population | survey ACS B01003 · ±13.2% margin of error |
|---|---|
| Median home value (ACS, owner-reported) | survey ACS B25077 · ±11.8% margin of error |
| Median gross rent (ACS, incl. utilities) | survey ACS B25064 · ±13.5% margin of error |
| Survey gross-rent yield (proxy) | derived 12 * ACS B25064 / B25077 · no published margin of error |
| Median household income | survey ACS B19013 · ±20% margin of error |
| Rental vacancy | derived ACS B25004 E002 / (B25003 E003 + B25004 E002) · no published margin of error |
| Renter share | derived ACS B25003 E003/E001 · no published margin of error |
| Estimated property-tax burden | derived ACS B25103 / B25077 · no published margin of error |
| Median year built | survey ACS B25035 · ±<1% margin of error |
| Multifamily (5+ units) | derived ACS B25024 (5+ unit structures / total) · no published margin of error |
Class: survey = ACS estimate (with margin of error); derived = computed from ACS. The survey gross-rent yield is a proxy (renter gross rent vs owner-occupied value, different housing stock; ACS top-codes very high values/rents) and is not a cap rate. Subscores are national percentiles among data-eligible areas; ranks are competition-ranked with deterministic ties. No vendor, listing, parcel, or school data. Not investment advice.