REI Lense

REI Lense

Evansville, IN Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Evansville, IN. Based on 20+ datapoints.

Evansville, IN Short-Term Rental / Airbnb Investment Snapshot

Based on 20+ short-term rental / airbnb datapoints

Median Cap Rate

5.6%

Avg Cash on Cash

-4.8%

Median Cashflow

-$185/mo

Avg Rent Estimate

$2,673/mo

Avg Price

$247,257

Price Range

$113,300 - $345,000

Rent to Price

1.08%

strong ratio

Positive Cashflow

24%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Evansville, IN

Evansville, IN is an emerging short-term rental market with growing investor interest. With 20+ datapoints analyzed so far, early metrics suggest opportunity for Airbnb investors willing to enter before the market matures. Current average cash-on-cash returns sit at -4.8%.

Across 20+ analyzed properties, Evansville, IN STR investments show a median monthly cashflow of -$185 with an average estimated nightly-rate-adjusted revenue of $2,673/month. These figures reflect real property data, not projections.

10515 Olivia Rd, Evansville, IN 47712

Price

$344,800

Rent

$2,017

CachFlow

-$924

CoC

-12.26

Full Analysis

1302 SE 1st St, Evansville, IN 47713

Price

$113,300

Rent

$2,648

CachFlow

$590

CoC

16.94

Full Analysis

7527 Taylor Cir, Evansville, IN 47715

Price

$345,000

Rent

$2,461

CachFlow

-$982

CoC

-13.03

Full Analysis

3519 Orchard Rd, Evansville, IN 47720

Price

$454,300

Rent

$3,864

CachFlow

-$624

CoC

-6.6

Full Analysis

819 Prosperity Ave, Evansville, IN 47713

Price

$226,500

Rent

$2,573

CachFlow

-$72

CoC

-1.32

Full Analysis
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Evansville, IN Airbnb Market Insights

  • Median cashflow is -$185/month — careful deal selection is essential here
  • 5.6% median cap rate reflects a balanced risk-return profile
  • At 24% positive cashflow rate, Evansville, IN requires selective property picks
  • Moderately priced market with properties from $113,300 to $345,000
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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