Elkhart, IN Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Elkhart, IN. Based on 10+ datapoints.
Elkhart, IN Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
4.2%
Avg Cash on Cash
-9%
Median Cashflow
-$628/mo
Avg Rent Estimate
$2,974/mo
Avg Price
$391,950
Price Range
$249,000 - $749,900
Rent to Price
0.76%
okay ratio
Positive Cashflow
20%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Elkhart, IN
Elkhart, IN is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 4.2%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 10+ analyzed properties, Elkhart, IN STR investments show a median monthly cashflow of -$628 with an average estimated nightly-rate-adjusted revenue of $2,974/month. These figures reflect real property data, not projections.
Elkhart, IN Airbnb Market Insights
- •Median cashflow is -$628/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 20% positive cashflow rate, Elkhart, IN requires selective property picks
- •Mid-to-upper tier market with properties from $249,000 to $749,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs