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

Bourbon, IN has a median modeled monthly cash flow of $-841 and a median cap rate of 2.4%, on a median sold price of $230,000. Prices changed +7.4% year over year.

What is the average cap rate in Bourbon, IN?

The median cap rate across recently sold homes in Bourbon, IN is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bourbon, IN?

The median sold price in Bourbon, IN is $230,000 (about $153 per square foot).

Investing in Bourbon, IN Real Estate

A data-driven snapshot of the Bourbon, 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.

$230,000Median sold price

$153Median $/sqft

2.4%Median cap rate

$-841Modeled cash flow / mo

+7.4%Appreciation YoY

5.8Months of supply

15Active listings

31Sold (last 12 mo)

What the Bourbon numbers say

In Bourbon, IN, the median home sold for $230,000 (about $153 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-841 of monthly cash flow. Sold prices moved +7.4% over the past year. Inventory sits at about 5.8 months of supply. 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 Bourbon cash-flowing listings

CashFlowRE ranks every for-sale home in Bourbon, 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 Bourbon deals, or browse the national market data.