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

Otterbein, IN has a median modeled monthly cash flow of $-515 and a median cap rate of 3.6%, on a median sold price of $226,250. Prices changed +5.2% year over year.

What is the average cap rate in Otterbein, IN?

The median cap rate across recently sold homes in Otterbein, IN is 3.6%, 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 $226,250 (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.

$226,250Median sold price

$152Median $/sqft

3.6%Median cap rate

$-515Modeled cash flow / mo

+5.2%Appreciation YoY

5.2Months of supply

13Active listings

30Sold (last 12 mo)

What the Otterbein numbers say

In Otterbein, IN, the median home sold for $226,250 (about $152 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-515 of monthly cash flow. Sold prices moved +5.2% over the past year. Inventory sits at about 5.2 months of supply. 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.