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

Greencastle, IN has a median modeled monthly cash flow of $-422 and a median cap rate of 4.3%, on a median sold price of $214,150. Prices changed +8.3% year over year.

What is the average cap rate in Greencastle, IN?

The median cap rate across recently sold homes in Greencastle, IN is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Greencastle, IN?

The median sold price in Greencastle, IN is $214,150 (about $131 per square foot).

Investing in Greencastle, IN Real Estate

A data-driven snapshot of the Greencastle, 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.

$214,150Median sold price

$131Median $/sqft

4.3%Median cap rate

$-422Modeled cash flow / mo

+8.3%Appreciation YoY

4.7Months of supply

60Active listings

154Sold (last 12 mo)

What the Greencastle numbers say

In Greencastle, IN, the median home sold for $214,150 (about $131 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-422 of monthly cash flow. Sold prices moved +8.3% over the past year. Inventory sits at about 4.7 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 Greencastle cash-flowing listings

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