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

Galena, IN has a median modeled monthly cash flow of $-1,195 and a median cap rate of 2.4%, on a median sold price of $304,000. Prices changed -7.3% year over year.

What is the average cap rate in Galena, IN?

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

What is the median home price in Galena, IN?

The median sold price in Galena, IN is $304,000 (about $152 per square foot).

Investing in Galena, IN Real Estate

A data-driven snapshot of the Galena, 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.

$304,000Median sold price

$152Median $/sqft

2.4%Median cap rate

$-1,195Modeled cash flow / mo

-7.3%Appreciation YoY

3.5Months of supply

11Active listings

38Sold (last 12 mo)

What the Galena numbers say

In Galena, IN, the median home sold for $304,000 (about $152 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,195 of monthly cash flow. Sold prices moved -7.3% over the past year. Inventory sits at about 3.5 months of supply — a tight, seller-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 Galena cash-flowing listings

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