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

New Pekin, IN has a median modeled monthly cash flow of $-487 and a median cap rate of 3.6%, on a median sold price of $199,900. Prices changed -2.6% year over year.

What is the average cap rate in New Pekin, IN?

The median cap rate across recently sold homes in New Pekin, IN is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Pekin, IN?

The median sold price in New Pekin, IN is $199,900 (about $134 per square foot).

Investing in New Pekin, IN Real Estate

A data-driven snapshot of the New Pekin, 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.

$199,900Median sold price

$134Median $/sqft

3.6%Median cap rate

$-487Modeled cash flow / mo

-2.6%Appreciation YoY

2.8Months of supply

9Active listings

39Sold (last 12 mo)

What the New Pekin numbers say

In New Pekin, IN, the median home sold for $199,900 (about $134 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-487 of monthly cash flow. Sold prices moved -2.6% over the past year. Inventory sits at about 2.8 months of supply — a tight, seller-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 New Pekin cash-flowing listings

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