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

McCordsville, IN has a median modeled monthly cash flow of $-873 and a median cap rate of 3.9%, on a median sold price of $404,783. Prices changed +0.6% year over year.

What is the average cap rate in McCordsville, IN?

The median cap rate across recently sold homes in McCordsville, IN is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in McCordsville, IN?

The median sold price in McCordsville, IN is $404,783 (about $157 per square foot).

Investing in McCordsville, IN Real Estate

A data-driven snapshot of the McCordsville, 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.

$404,783Median sold price

$157Median $/sqft

3.9%Median cap rate

$-873Modeled cash flow / mo

+0.6%Appreciation YoY

9.4Months of supply

364Active listings

465Sold (last 12 mo)

What the McCordsville numbers say

In McCordsville, IN, the median home sold for $404,783 (about $157 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-873 of monthly cash flow. Sold prices moved +0.6% over the past year. Inventory sits at about 9.4 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 McCordsville cash-flowing listings

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