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

Roanoke, IN has a median modeled monthly cash flow of $-1,685 and a median cap rate of 1.3%, on a median sold price of $317,500. Prices changed -5.4% year over year.

What is the average cap rate in Roanoke, IN?

The median cap rate across recently sold homes in Roanoke, IN is 1.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Roanoke, IN?

The median sold price in Roanoke, IN is $317,500 (about $159 per square foot).

Investing in Roanoke, IN Real Estate

A data-driven snapshot of the Roanoke, 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.

$317,500Median sold price

$159Median $/sqft

1.3%Median cap rate

$-1,685Modeled cash flow / mo

-5.4%Appreciation YoY

8.6Months of supply

40Active listings

56Sold (last 12 mo)

What the Roanoke numbers say

In Roanoke, IN, the median home sold for $317,500 (about $159 per square foot), and the typical deal models out to a 1.3% cap rate with a median $-1,685 of monthly cash flow. Sold prices moved -5.4% over the past year. Inventory sits at about 8.6 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 Roanoke cash-flowing listings

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