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

Buffalo, IN has a median modeled monthly cash flow of $-967 and a median cap rate of 2.1%, on a median sold price of $215,000. Prices changed +21.1% year over year.

What is the average cap rate in Buffalo, IN?

The median cap rate across recently sold homes in Buffalo, IN is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Buffalo, IN?

The median sold price in Buffalo, IN is $215,000 (about $195 per square foot).

Investing in Buffalo, IN Real Estate

A data-driven snapshot of the Buffalo, 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.

$215,000Median sold price

$195Median $/sqft

2.1%Median cap rate

$-967Modeled cash flow / mo

+21.1%Appreciation YoY

8.9Months of supply

31Active listings

42Sold (last 12 mo)

What the Buffalo numbers say

In Buffalo, IN, the median home sold for $215,000 (about $195 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-967 of monthly cash flow. Sold prices moved +21.1% over the past year. Inventory sits at about 8.9 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 Buffalo cash-flowing listings

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