Indianapolis, IN Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Indianapolis, IN. Based on 20+ datapoints.
Indianapolis, IN Short-Term Rental / Airbnb Investment Snapshot
Based on 20+ short-term rental / airbnb datapoints
Median Cap Rate
3%
Avg Cash on Cash
-10.8%
Median Cashflow
-$870/mo
Avg Rent Estimate
$2,233/mo
Avg Price
$299,100
Price Range
$94,900 - $575,500
Rent to Price
0.75%
okay ratio
Positive Cashflow
18%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Indianapolis, IN
Indianapolis, IN is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 3%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 20+ analyzed properties, Indianapolis, IN STR investments show a median monthly cashflow of -$870 with an average estimated nightly-rate-adjusted revenue of $2,233/month. These figures reflect real property data, not projections.
8888 Classic View Dr, Indianapolis, IN 46217
Price
$470,000
Rent
$2,649
CachFlow
-$1,618
CoC
-16.64
Indianapolis, IN Airbnb Market Insights
- •Median cashflow is -$870/month — careful deal selection is essential here
- •3% median cap rate is typical of appreciation-focused markets
- •At 18% positive cashflow rate, Indianapolis, IN requires selective property picks
- •Mid-to-upper tier market with properties from $94,900 to $575,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs