Townhouse Investment Properties for Sale in Evansville, IN
532- 2 Bed
- 2 Bath
- 1216 sft
798- 2 Bed
- 3 Bath
- 1444 sft
465- 2 Bed
- 2 Bath
- 1172 sft
1108- 2 Bed
- 2 Bath
- 1216 sft
Why Invest in Evansville, Indiana?
Evansville townhouses offer investors affordable entry into a stable rental market along the Ohio River Valley. With median home prices around $150K-$190K, these properties deliver strong rent-to-price ratios and positive cash flow potential. The city's healthcare and manufacturing sectors support consistent demand, while infrastructure projects boost long-term appreciation. Rental yields average 7-9% with cap rates around 8%, making townhouses ideal for cash-flow focused portfolios. Ongoing revitalization enhances neighborhood appeal for family renters.
Frequently Asked Questions
Yes, townhouses offer strong cash flow due to low acquisition costs around $150K-$190K and average rents of $1,150. Stable employment from major employers supports tenant retention. Cap rates near 8% make them attractive for passive income.
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