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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 30+ datapoints.

Evansville, IN Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

4.5%

Avg Cash on Cash

-7.9%

Median Cashflow

-$430/mo

Avg Rent Estimate

$1,731/mo

Avg Price

$277,084

Price Range

$113,300 - $454,700

Rent to Price

0.62%

low ratio

Positive Cashflow

17%

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 30+ analyzed datapoints. A median 4.5% cap rate combined with -7.9% 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 30+ analyzed properties, the median monthly cashflow in Evansville, IN is -$430 with average rents of $1,731/month. Properties range from $113,300 to $454,700, offering entry points across multiple investment budgets.

5607 Twickingham Dr, Evansville, IN 47711

Price

$273,000

Rent

$2,165

CachFlow

$43

CoC

0.9

Full Analysis

10515 Olivia Rd, Evansville, IN 47712

Price

$344,800

Rent

$2,013

CachFlow

-$483

CoC

-8

Full Analysis

10348 Oglesby Dr, Evansville, IN 47720

Price

$651,900

Rent

$3,247

CachFlow

-$2,011

CoC

-17.63

Full Analysis

11200 Ridge Knoll Dr, Evansville, IN 47710

Price

$409,700

Rent

$2,344

CachFlow

-$631

CoC

-8.8

Full Analysis

1302 SE 1st St, Evansville, IN 47713

Price

$113,300

Rent

$1,247

CachFlow

$136

CoC

6.86

Full Analysis
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Evansville, IN Rental Market Insights

  • Median cashflow is -$430/month — careful deal selection is essential here
  • 4.5% median cap rate is typical of appreciation-focused markets
  • At 17% positive cashflow rate, Evansville, IN requires selective property picks
  • Moderately priced market with properties from $113,300 to $454,700

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