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

Palmyra, IN has a median modeled monthly cash flow of $-507 and a median cap rate of 4.0%, on a median sold price of $170,000. Prices changed +0.7% year over year.

What is the average cap rate in Palmyra, IN?

The median cap rate across recently sold homes in Palmyra, IN is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Palmyra, IN?

The median sold price in Palmyra, IN is $170,000 (about $136 per square foot).

Investing in Palmyra, IN Real Estate

A data-driven snapshot of the Palmyra, 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.

$170,000Median sold price

$136Median $/sqft

4.0%Median cap rate

$-507Modeled cash flow / mo

+0.7%Appreciation YoY

3.5Months of supply

9Active listings

31Sold (last 12 mo)

What the Palmyra numbers say

In Palmyra, IN, the median home sold for $170,000 (about $136 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-507 of monthly cash flow. Sold prices moved +0.7% over the past year. Inventory sits at about 3.5 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 Palmyra cash-flowing listings

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