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

Memphis, IN has a median modeled monthly cash flow of $-326 and a median cap rate of 5.0%, on a median sold price of $290,000. Prices changed -1.7% year over year.

What is the average cap rate in Memphis, IN?

The median cap rate across recently sold homes in Memphis, IN is 5.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Memphis, IN?

The median sold price in Memphis, IN is $290,000 (about $173 per square foot).

Investing in Memphis, IN Real Estate

A data-driven snapshot of the Memphis, 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.

$290,000Median sold price

$173Median $/sqft

5.0%Median cap rate

$-326Modeled cash flow / mo

-1.7%Appreciation YoY

8.5Months of supply

100Active listings

141Sold (last 12 mo)

What the Memphis numbers say

In Memphis, IN, the median home sold for $290,000 (about $173 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-326 of monthly cash flow. Sold prices moved -1.7% over the past year. Inventory sits at about 8.5 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 Memphis cash-flowing listings

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