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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

4.8%

Avg Cash on Cash

-7.6%

Median Cashflow

-$403/mo

Avg Rent Estimate

$1,752/mo

Avg Price

$275,780

Price Range

$113,300 - $454,700

Rent to Price

0.64%

low ratio

Positive Cashflow

14%

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 4.8% cap rate combined with -7.6% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.

Based on 50+ analyzed properties, the median monthly cashflow in Evansville, IN is -$403 with average rents of $1,752/month. Properties range from $113,300 to $454,700, offering entry points across multiple investment budgets.

2530 Harmony Way, Evansville, IN 47720

Price

$247,600

Rent

$1,858

CachFlow

-$61

CoC

-1.41

Full Analysis

11705 Carol Heights Ln, Evansville, IN 47712

Price

$349,777

Rent

$1,875

CachFlow

-$640

CoC

-10.46

Full Analysis

631 Sunflower Cir, Evansville, IN 47710

Price

$270,000

Rent

$1,661

CachFlow

-$395

CoC

-8.36

Full Analysis

2700 Vogel Rd, Evansville, IN 47711

Price

$229,900

Rent

$1,438

CachFlow

-$319

CoC

-7.93

Full Analysis

1617 Peach Ct, Evansville, IN 47715

Price

$352,400

Rent

$2,226

CachFlow

-$505

CoC

-8.19

Full Analysis
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Evansville, IN Rental Market Insights

  • Median cashflow is -$403/month — careful deal selection is essential here
  • 4.8% median cap rate is typical of appreciation-focused markets
  • At 14% positive cashflow rate, Evansville, IN requires selective property picks
  • Moderately priced market with properties from $113,300 to $454,700

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