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

Westfield, IN has a median modeled monthly cash flow of $-1,276 and a median cap rate of 3.1%, on a median sold price of $486,936. Prices changed +3.2% year over year.

What is the average cap rate in Westfield, IN?

The median cap rate across recently sold homes in Westfield, IN is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Westfield, IN?

The median sold price in Westfield, IN is $486,936 (about $192 per square foot).

Investing in Westfield, IN Real Estate

A data-driven snapshot of the Westfield, 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.

$486,936Median sold price

$192Median $/sqft

3.1%Median cap rate

$-1,276Modeled cash flow / mo

+3.2%Appreciation YoY

12.1Months of supply

1,547Active listings

1,533Sold (last 12 mo)

What the Westfield numbers say

In Westfield, IN, the median home sold for $486,936 (about $192 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,276 of monthly cash flow. Sold prices moved +3.2% over the past year. Inventory sits at about 12.1 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.

🔨 See 26 fix-and-flip deals in Westfield — listings where the estimated after-repair value beats list price + rehab.

Other Indiana markets to compare

See Westfield cash-flowing listings

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