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

North Vernon, IN has a median modeled monthly cash flow of $-604 and a median cap rate of 3.4%, on a median sold price of $216,500. Prices changed +0.0% year over year.

What is the average cap rate in North Vernon, IN?

The median cap rate across recently sold homes in North Vernon, IN is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in North Vernon, IN?

The median sold price in North Vernon, IN is $216,500 (about $144 per square foot).

Investing in North Vernon, IN Real Estate

A data-driven snapshot of the North Vernon, 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.

$216,500Median sold price

$144Median $/sqft

3.4%Median cap rate

$-604Modeled cash flow / mo

+0.0%Appreciation YoY

7.4Months of supply

95Active listings

154Sold (last 12 mo)

What the North Vernon numbers say

In North Vernon, IN, the median home sold for $216,500 (about $144 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-604 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 7.4 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 North Vernon cash-flowing listings

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