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
5%
Avg Cash on Cash
-7.6%
Median Cashflow
-$370/mo
Avg Rent Estimate
$1,828/mo
Avg Price
$280,896
Price Range
$113,300 - $472,600
Rent to Price
0.65%
low ratio
Positive Cashflow
16%
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 5% 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 -$370 with average rents of $1,828/month. Properties range from $113,300 to $472,600, offering entry points across multiple investment budgets.
3131 Bayou Creek Rd, Evansville, IN 47712
Price
$580,000
Rent
$2,041
CachFlow
-$1,834
CoC
-18.07
18441 Somerville Ct, Evansville, IN 47725
Price
$606,900
Rent
$2,830
CachFlow
-$1,753
CoC
-16.51
Evansville, IN Rental Market Insights
- •Median cashflow is -$370/month — careful deal selection is essential here
- •5% median cap rate reflects a balanced risk-return profile
- •At 16% positive cashflow rate, Evansville, IN requires selective property picks
- •Moderately priced market with properties from $113,300 to $472,600