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

Leesburg, IN has a median modeled monthly cash flow of $-1,614 and a median cap rate of 1.5%, on a median sold price of $315,000. Prices changed +10.5% year over year.

What is the average cap rate in Leesburg, IN?

The median cap rate across recently sold homes in Leesburg, IN is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Leesburg, IN?

The median sold price in Leesburg, IN is $315,000 (about $195 per square foot).

Investing in Leesburg, IN Real Estate

A data-driven snapshot of the Leesburg, 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.

$315,000Median sold price

$195Median $/sqft

1.5%Median cap rate

$-1,614Modeled cash flow / mo

+10.5%Appreciation YoY

11.3Months of supply

63Active listings

67Sold (last 12 mo)

What the Leesburg numbers say

In Leesburg, IN, the median home sold for $315,000 (about $195 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-1,614 of monthly cash flow. Sold prices moved +10.5% over the past year. Inventory sits at about 11.3 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 Leesburg cash-flowing listings

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