REI Lense

REI Lense

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

4.8%

Avg Cash on Cash

-5.3%

Median Cashflow

-$352/mo

Avg Rent Estimate

$3,044/mo

Avg Price

$300,204

Price Range

$140,000 - $524,900

Rent to Price

1.01%

strong ratio

Positive Cashflow

25%

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 4.8%, 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 -$352 with an average estimated nightly-rate-adjusted revenue of $3,044/month. These figures reflect real property data, not projections.

7417 Carolling Way, Indianapolis, IN 46237

Price

$279,200

Rent

$2,716

CachFlow

-$310

CoC

-4.85

Full Analysis

2627 Southeastern Ave, Indianapolis, IN 46201

Price

$246,800

Rent

$2,732

CachFlow

-$435

CoC

-7.48

Full Analysis

8812 Champions Dr, Indianapolis, IN 46256

Price

$317,100

Rent

$1,777

CachFlow

-$1,020

CoC

-14.47

Full Analysis

6908 Mendenhall Rd, Indianapolis, IN 46221

Price

$314,900

Rent

$2,348

CachFlow

-$716

CoC

-10.21

Full Analysis

5646 Fox Glove Ln, Indianapolis, IN 46254

Price

$267,700

Rent

$2,217

CachFlow

-$485

CoC

-7.84

Full Analysis
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Indianapolis, IN Airbnb Market Insights

  • Median cashflow is -$352/month — careful deal selection is essential here
  • 4.8% median cap rate is typical of appreciation-focused markets
  • At 25% positive cashflow rate, Indianapolis, IN requires selective property picks
  • Mid-to-upper tier market with properties from $140,000 to $524,900
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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