Is Albany, IN a good place to invest in rental property?

Albany, IN has a median modeled monthly cash flow of $-318 and a median cap rate of 3.9%, on a median sold price of $156,950. Prices changed -3.4% year over year.

What is the average cap rate in Albany, IN?

The median cap rate across recently sold homes in Albany, IN is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Albany, IN?

The median sold price in Albany, IN is $156,950 (about $114 per square foot).

Investing in Albany, IN Real Estate

A data-driven snapshot of the Albany, IN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$156,950Median sold price

$114Median $/sqft

3.9%Median cap rate

$-318Modeled cash flow / mo

-3.4%Appreciation YoY

7.4Months of supply

26Active listings

42Sold (last 12 mo)

What the Albany numbers say

In Albany, IN, the median home sold for $156,950 (about $114 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-318 of monthly cash flow. Sold prices moved -3.4% over the past year. Inventory sits at about 7.4 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Indiana markets to compare

See Albany cash-flowing listings

CashFlowRE ranks every for-sale home in Albany, IN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Albany deals, or browse the national market data.