REI Lense

REI Lense

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%

Avg Cash on Cash

-9.5%

Median Cashflow

-$706/mo

Avg Rent Estimate

$2,839/mo

Avg Price

$413,882

Price Range

$275,000 - $797,900

Rent to Price

0.69%

low ratio

Positive Cashflow

18%

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%, the premium 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 -$706 with an average estimated nightly-rate-adjusted revenue of $2,839/month. These figures reflect real property data, not projections.

56045 Riverdale Dr, Elkhart, IN 46514

Price

$506,400

Rent

$2,578

CachFlow

-$1,782

CoC

-17.2

Full Analysis

50784 Maple Isle Dr, Elkhart, IN 46514

Price

$339,900

Rent

$2,908

CachFlow

-$550

CoC

-7.38

Full Analysis

3315 Vernon Ave, Elkhart, IN 46514

Price

$275,000

Rent

$1,695

CachFlow

-$728

CoC

-11.53

Full Analysis

29766 Carolina Ave, Elkhart, IN 46516

Price

$279,900

Rent

$3,668

CachFlow

$251

CoC

3.92

Full Analysis

29281 County Road 12, Elkhart, IN 46514

Price

$599,000

Rent

$2,916

CachFlow

-$2,042

CoC

-17.04

Full Analysis
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Elkhart, IN Airbnb Market Insights

  • Median cashflow is -$706/month — careful deal selection is essential here
  • 4% median cap rate is typical of appreciation-focused markets
  • At 18% positive cashflow rate, Elkhart, IN requires selective property picks
  • Premium market with properties from $275,000 to $797,900
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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