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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 40+ datapoints.

Evansville, IN Long-Term Rental Investment Snapshot

Based on 40+ long-term rental datapoints

Median Cap Rate

4.7%

Avg Cash on Cash

-7.8%

Median Cashflow

-$417/mo

Avg Rent Estimate

$1,768/mo

Avg Price

$276,825

Price Range

$113,300 - $454,700

Rent to Price

0.64%

low ratio

Positive Cashflow

15%

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 40+ analyzed datapoints. A median 4.7% cap rate combined with -7.8% 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 40+ analyzed properties, the median monthly cashflow in Evansville, IN is -$417 with average rents of $1,768/month. Properties range from $113,300 to $454,700, offering entry points across multiple investment budgets.

2418 Melrose Ave, Evansville, IN 47711

Price

$263,600

Rent

$1,993

CachFlow

-$72

CoC

-1.56

Full Analysis

7020 Dove Ct, Evansville, IN 47715

Price

$249,500

Rent

$1,751

CachFlow

-$226

CoC

-5.18

Full Analysis

6007 Stardance Point, Evansville, IN 47715

Price

$248,000

Rent

$1,493

CachFlow

-$440

CoC

-10.14

Full Analysis

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
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Evansville, IN Rental Market Insights

  • Median cashflow is -$417/month — careful deal selection is essential here
  • 4.7% median cap rate is typical of appreciation-focused markets
  • At 15% positive cashflow rate, Evansville, IN requires selective property picks
  • Moderately priced market with properties from $113,300 to $454,700

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