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

Decatur, IN has a median modeled monthly cash flow of $-701 and a median cap rate of 2.7%, on a median sold price of $197,450. Prices changed +7.1% year over year.

What is the average cap rate in Decatur, IN?

The median cap rate across recently sold homes in Decatur, IN is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Decatur, IN?

The median sold price in Decatur, IN is $197,450 (about $135 per square foot).

Investing in Decatur, IN Real Estate

A data-driven snapshot of the Decatur, 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.

$197,450Median sold price

$135Median $/sqft

2.7%Median cap rate

$-701Modeled cash flow / mo

+7.1%Appreciation YoY

5.8Months of supply

77Active listings

160Sold (last 12 mo)

What the Decatur numbers say

In Decatur, IN, the median home sold for $197,450 (about $135 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-701 of monthly cash flow. Sold prices moved +7.1% 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 Decatur cash-flowing listings

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