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

Pendleton, IN has a median modeled monthly cash flow of $-666 and a median cap rate of 3.8%, on a median sold price of $337,000. Prices changed +5.9% year over year.

What is the average cap rate in Pendleton, IN?

The median cap rate across recently sold homes in Pendleton, IN is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Pendleton, IN?

The median sold price in Pendleton, IN is $337,000 (about $161 per square foot).

Investing in Pendleton, IN Real Estate

A data-driven snapshot of the Pendleton, 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.

$337,000Median sold price

$161Median $/sqft

3.8%Median cap rate

$-666Modeled cash flow / mo

+5.9%Appreciation YoY

10.2Months of supply

232Active listings

273Sold (last 12 mo)

What the Pendleton numbers say

In Pendleton, IN, the median home sold for $337,000 (about $161 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-666 of monthly cash flow. Sold prices moved +5.9% over the past year. Inventory sits at about 10.2 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 Pendleton cash-flowing listings

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