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REI Lense

Evansville, IN Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Evansville, IN. Based on 50+ datapoints.

Evansville, IN Long-Term Rental Investment Snapshot

Based on 50+ long-term rental datapoints

Median Cap Rate

4.9%

Avg Cash on Cash

-8.8%

Median Cashflow

-$433/mo

Avg Rent Estimate

$1,781/mo

Avg Price

$287,277

Price Range

$131,000 - $472,600

Rent to Price

0.62%

low ratio

Positive Cashflow

11%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Evansville, IN

Evansville, IN presents a balanced long-term rental investment profile across 50+ analyzed datapoints. A median 4.9% cap rate combined with -8.8% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a mid-to-upper tier price point.

Based on 50+ analyzed properties, the median monthly cashflow in Evansville, IN is -$433 with average rents of $1,781/month. Properties range from $131,000 to $472,600, offering entry points across multiple investment budgets.

9322 Wynnfield Dr, Evansville, IN 47725

Price

$269,200

Rent

$1,861

CachFlow

-$305

CoC

-6.47

Full Analysis

707 Wessel Ln, Evansville, IN 47712

Price

$264,900

Rent

$1,246

CachFlow

-$868

CoC

-18.72

Full Analysis

124 E Mill Rd, Evansville, IN 47711

Price

$399,900

Rent

$1,811

CachFlow

-$1,077

CoC

-15.39

Full Analysis

823 Monroe Ave, Evansville, IN 47713

Price

$135,000

Rent

$1,232

CachFlow

$50

CoC

2.12

Full Analysis

8836 Dahlia Ct, Evansville, IN 47725

Price

$355,000

Rent

$2,530

CachFlow

-$601

CoC

-9.67

Full Analysis
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Evansville, IN Rental Market Insights

  • Median cashflow is -$433/month — careful deal selection is essential here
  • 4.9% median cap rate is typical of appreciation-focused markets
  • At 11% positive cashflow rate, Evansville, IN requires selective property picks
  • Mid-to-upper tier market with properties from $131,000 to $472,600

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