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

Frankfort, IN has a median modeled monthly cash flow of $-444 and a median cap rate of 3.7%, on a median sold price of $215,000. Prices changed +10.6% year over year.

What is the average cap rate in Frankfort, IN?

The median cap rate across recently sold homes in Frankfort, IN is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Frankfort, IN?

The median sold price in Frankfort, IN is $215,000 (about $146 per square foot).

Investing in Frankfort, IN Real Estate

A data-driven snapshot of the Frankfort, 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

$146Median $/sqft

3.7%Median cap rate

$-444Modeled cash flow / mo

+10.6%Appreciation YoY

7.4Months of supply

155Active listings

251Sold (last 12 mo)

What the Frankfort numbers say

In Frankfort, IN, the median home sold for $215,000 (about $146 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-444 of monthly cash flow. Sold prices moved +10.6% 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 Frankfort cash-flowing listings

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