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

Hobart, IN has a median modeled monthly cash flow of $-452 and a median cap rate of 4.3%, on a median sold price of $249,995. Prices changed +2.6% year over year.

What is the average cap rate in Hobart, IN?

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

What is the median home price in Hobart, IN?

The median sold price in Hobart, IN is $249,995 (about $160 per square foot).

Investing in Hobart, IN Real Estate

A data-driven snapshot of the Hobart, 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.

$249,995Median sold price

$160Median $/sqft

4.3%Median cap rate

$-452Modeled cash flow / mo

+2.6%Appreciation YoY

8.8Months of supply

314Active listings

428Sold (last 12 mo)

What the Hobart numbers say

In Hobart, IN, the median home sold for $249,995 (about $160 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-452 of monthly cash flow. Sold prices moved +2.6% over the past year. Inventory sits at about 8.8 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 Hobart cash-flowing listings

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