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 15+ datapoints.

Evansville, IN Short-Term Rental / Airbnb Investment Snapshot

Based on 15+ short-term rental / airbnb datapoints

Median Cap Rate

5.7%

Avg Cash on Cash

-4.1%

Median Cashflow

-$208/mo

Avg Rent Estimate

$2,675/mo

Avg Price

$245,594

Price Range

$130,000 - $334,800

Rent to Price

1.09%

strong ratio

Positive Cashflow

22%

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 15+ 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 -4.1%.

Across 15+ analyzed properties, Evansville, IN STR investments show a median monthly cashflow of -$208 with an average estimated nightly-rate-adjusted revenue of $2,675/month. These figures reflect real property data, not projections.

1864 Hawthorne Ave, Evansville, IN 47714

Price

$236,600

Rent

$2,434

CachFlow

-$185

CoC

-3.28

Full Analysis

9325 Baumgart Rd, Evansville, IN 47725

Price

$304,100

Rent

$3,289

CachFlow

-$92

CoC

-1.35

Full Analysis

727 Sunflower Cir, Evansville, IN 47712

Price

$285,000

Rent

$2,052

CachFlow

-$607

CoC

-9.36

Full Analysis

8848 Clear Creek Dr, Evansville, IN 47711

Price

$322,100

Rent

$2,970

CachFlow

-$392

CoC

-5.49

Full Analysis

312 E Evergreen Rd, Evansville, IN 47711

Price

$289,000

Rent

$2,906

CachFlow

-$86

CoC

-1.31

Full Analysis
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Evansville, IN Airbnb Market Insights

  • Median cashflow is -$208/month — careful deal selection is essential here
  • 5.7% median cap rate reflects a balanced risk-return profile
  • At 22% positive cashflow rate, Evansville, IN requires selective property picks
  • Moderately priced market with properties from $130,000 to $334,800
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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