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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 15+ datapoints.

Evansville, IN Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

4.7%

Avg Cash on Cash

-7.2%

Median Cashflow

-$403/mo

Avg Rent Estimate

$1,586/mo

Avg Price

$242,044

Price Range

$130,000 - $322,100

Rent to Price

0.66%

low ratio

Positive Cashflow

16%

of analyzed properties

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

Evansville, IN is an emerging long-term rental market gaining investor attention. With 15+ properties analyzed, early data shows the market is developing. The median cap rate of 4.7% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 15+ analyzed properties, the median monthly cashflow in Evansville, IN is -$403 with average rents of $1,586/month. Properties range from $130,000 to $322,100, offering entry points across multiple investment budgets.

200 E Columbia St, Evansville, IN 47711

Price

$212,000

Rent

$755

CachFlow

-$658

CoC

-17.74

Full Analysis

1908 Chickasaw Dr, Evansville, IN 47715

Price

$236,300

Rent

$1,950

CachFlow

$18

CoC

0.44

Full Analysis

9325 Baumgart Rd, Evansville, IN 47725

Price

$304,100

Rent

$1,574

CachFlow

-$637

CoC

-11.97

Full Analysis

727 Sunflower Cir, Evansville, IN 47712

Price

$285,000

Rent

$1,300

CachFlow

-$712

CoC

-14.28

Full Analysis

8848 Clear Creek Dr, Evansville, IN 47711

Price

$322,100

Rent

$1,960

CachFlow

-$486

CoC

-8.62

Full Analysis
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Evansville, IN Rental Market Insights

  • Median cashflow is -$403/month — careful deal selection is essential here
  • 4.7% median cap rate is typical of appreciation-focused markets
  • At 16% positive cashflow rate, Evansville, IN requires selective property picks
  • Moderately priced market with properties from $130,000 to $322,100
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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