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

Otterbein, IN has a median modeled monthly cash flow of $-604 and a median cap rate of 3.4%, on a median sold price of $226,500. Prices changed +2.7% year over year.

What is the average cap rate in Otterbein, IN?

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

What is the median home price in Otterbein, IN?

The median sold price in Otterbein, IN is $226,500 (about $152 per square foot).

Investing in Otterbein, IN Real Estate

A data-driven snapshot of the Otterbein, 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.

$226,500Median sold price

$152Median $/sqft

3.4%Median cap rate

$-604Modeled cash flow / mo

+2.7%Appreciation YoY

7.4Months of supply

21Active listings

34Sold (last 12 mo)

What the Otterbein numbers say

In Otterbein, IN, the median home sold for $226,500 (about $152 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 +2.7% 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 Otterbein cash-flowing listings

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