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

Chesterton, IN has a median modeled monthly cash flow of $-1,361 and a median cap rate of 2.5%, on a median sold price of $364,900. Prices changed -7.6% year over year.

What is the average cap rate in Chesterton, IN?

The median cap rate across recently sold homes in Chesterton, IN is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Chesterton, IN?

The median sold price in Chesterton, IN is $364,900 (about $170 per square foot).

Investing in Chesterton, IN Real Estate

A data-driven snapshot of the Chesterton, 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.

$364,900Median sold price

$170Median $/sqft

2.5%Median cap rate

$-1,361Modeled cash flow / mo

-7.6%Appreciation YoY

7.0Months of supply

190Active listings

325Sold (last 12 mo)

What the Chesterton numbers say

In Chesterton, IN, the median home sold for $364,900 (about $170 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,361 of monthly cash flow. Sold prices moved -7.6% over the past year. Inventory sits at about 7.0 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 Chesterton cash-flowing listings

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