Best ZIP Codes for Cash Flow in Evansville, IN-KY (2026)

Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.

# ZIP City Home value Rent Cap rate 5-yr growth
1 47713 1% rule Evansville, IN $99,877 $1,016 7.93% 8.0%
2 47616 Griffin, IN $92,423 $873 7.37% 4.5%
3 42461 Uniontown, KY $103,640 $855 6.43% 4.1%
4 47714 Evansville, IN $146,597 $1,072 5.70% 5.7%
5 42451 Reed, KY $143,788 $963 5.22% 4.3%
6 47708 Evansville, IN $234,175 $1,542 5.14% —
7 42462 Waverly, KY $175,593 $963 4.28% 4.4%
8 47712 Evansville, IN $211,290 $1,114 4.11% 5.8%
9 47630 Newburgh, IN $324,410 $1,687 4.06% 5.1%
10 47612 Poseyville, IN $167,114 $864 4.03% 5.4%
11 47710 Evansville, IN $161,196 $811 3.92% 7.2%
12 47715 Evansville, IN $241,826 $1,216 3.92% 5.8%
13 47711 Evansville, IN $191,452 $942 3.84% 5.8%
14 42458 Spottsville, KY $184,017 $855 3.62% 6.6%
15 42420 Henderson, KY $207,538 $955 3.59% 6.6%
16 47610 Chandler, IN $218,185 $981 3.51% 6.3%
17 47631 New Harmony, IN $211,496 $945 3.49% 4.9%
18 47725 Evansville, IN $329,962 $1,422 3.36% 4.6%
19 47523 Dale, IN $207,772 $882 3.31% 5.8%
20 42406 Corydon, KY $205,278 $855 3.25% 4.4%
21 47633 Poseyville, IN $211,853 $864 3.18% 5.8%
22 47720 Evansville, IN $273,760 $1,098 3.13% 5.8%
23 47601 Boonville, IN $233,186 $918 3.07% 5.9%
24 47537 Gentryville, IN $221,488 $864 3.04% 5.8%
25 47613 Elberfeld, IN $265,601 $1,035 3.04% 5.8%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Appreciation in Evansville, IN-KY  ·  Affordable in Evansville, IN-KY

Or see the full Evansville, IN-KY metro profile.