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

Rome City, IN has a median modeled monthly cash flow of $-1,974 and a median cap rate of 0.7%, on a median sold price of $340,000. Prices changed -12.0% year over year.

What is the average cap rate in Rome City, IN?

The median cap rate across recently sold homes in Rome City, IN is 0.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Rome City, IN?

The median sold price in Rome City, IN is $340,000 (about $198 per square foot).

Investing in Rome City, IN Real Estate

A data-driven snapshot of the Rome City, 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.

$340,000Median sold price

$198Median $/sqft

0.7%Median cap rate

$-1,974Modeled cash flow / mo

-12.0%Appreciation YoY

10.3Months of supply

37Active listings

43Sold (last 12 mo)

What the Rome City numbers say

In Rome City, IN, the median home sold for $340,000 (about $198 per square foot), and the typical deal models out to a 0.7% cap rate with a median $-1,974 of monthly cash flow. Sold prices moved -12.0% over the past year. Inventory sits at about 10.3 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 Rome City cash-flowing listings

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