Why Evansville is the Best Place for Your Next Investment Property

Published On: March 10, 2023|Categories: Blog, Buyers, Evansville, Investment Properties, Real Estate|Tags: , |

Why Evansville is the Best Place for Your Next Investment Property

If you’re looking for a new investment opportunity, have you considered the city of Evansville, Indiana? This guide will explain why Evansville is the best place for your next investment property.

Strong Economy

Evansville boasts a strong and growing economy, with low unemployment rates and a diversified job market. This stability creates a secure environment for investment properties and a high demand for rental properties.

Affordable Housing

The cost of living in Evansville is significantly lower compared to other cities, making it an attractive option for both property buyers and renters. This affordability also provides a great return on investment for those looking to invest in real estate.

Growing Population

The population of Evansville is continuously growing, with a high number of young professionals and families moving to the area. This growing population creates a high demand for rental properties and a strong market for investment properties.

Proximity to Major Cities

Evansville is located within a day’s drive of major cities like Chicago, St. Louis, and Nashville, making it a convenient location for both residents and visitors. This proximity to major cities also provides access to a wider range of job opportunities and cultural experiences.

Thriving Community

Evansville is a city with a strong sense of community, with a variety of cultural events and activities available for residents to enjoy. This strong community spirit creates a supportive and welcoming environment for both residents and investment property owners.

Stable Real Estate Market

The real estate market in Evansville is stable and growing, with a variety of properties available at affordable prices. This makes it an ideal location for investment properties, with the potential for strong returns on investment.

Outdoor Activities

Evansville is surrounded by beautiful natural landscapes and offers a range of outdoor activities for residents to enjoy, such as hiking, fishing, and boating. This desirable lifestyle attracts residents, making it a great location for rental properties.

Growing Tourism Industry

Evansville is home to a growing tourism industry, with a variety of attractions and events attracting visitors to the area. This creates a strong market for short-term rental properties, such as vacation homes and vacation rentals.

Strong Rental Market

With a growing population, low cost of living, and a variety of job opportunities, Evansville has a strong rental market. This makes it an attractive location for investment properties, with the potential for a steady stream of rental income.

Investing in real estate can be a great opportunity, and Evansville provides a range of advantages for investment property owners. With its strong economy, affordable housing, growing population, and attractive lifestyle, Evansville is the perfect place for your next investment property.

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Newest Homes for Sale in Dubois County

View the newest homes listed in Dubois County in the last 10 days:

Unbelievable is the only word that can describe this 4 bedroom, 3 1/2 bath home built in 2024 on 13.14 acres located just 12 minutes from Patoka Lake, in Birdseye, Indiana.  If you are looking for that perfect home on acreage in the country with top of the line everything, or an AMAZING weekend getaway by Patoka, then look no further.  This custom built home features 3031 square feet of finished living space with Bosch appliances, granite counter tops, hardwood floors and tile showers that will satisfy the most particular of owners.  Enjoy the new pond, do some hunting on the surrounding wooded acres, camp on the open ground, and then clean up in the free standing outside bath house.  Wired with an alarm and security system and cameras and wired for a generator if you so choose to add one, this home has had attention to every detail imaginable.  The massive open kitchen/dining/living room lends to great entertaining.  The basement has a large overhead garage door to the living area for great entertaining / grilling / possible boat storage in the winter.  The master bedroom is on the first floor adjacent to the laundry room, and bedrooms 2 & 3 are in the lower level with the 4th bedroom on the upper level.  This magnificent home has so much to offer and is ready for immediate possession. $849,000 Active

5925 S Kyana Road Birdseye, Indiana

4 Beds 4 Baths 3,031 SqFt 13.14 Acres

Listing courtesy of Andrew Welsh from SELL4FREE-WELSH REALTY CORPORATION.

Beautifully remodeled 3 bedroom, 1 bath home in downtown Jasper. As you step inside, you will instantly appreciate all the modern touches. Painted with grey and white tones, maintenance free flooring on the main level, updated kitchen, refrigerator, range, microwave and stackable washer/dryer are included. The bathroom features a  newer walk-in shower. Two bedrooms are located on the main level and a third bedroom or bonus room is located upstairs. Covered front and back porches lend shade for those hot summer days. Spacious back yard and a place to park off the alley way are added bonuses. Walking distance to shopping, restaurants, park, public pool and library. $162,000 Active

321 W 8th Street Jasper, Indiana

3 Beds 1 Baths 1,405 SqFt 0.11 Acres

Listing courtesy of Brenda Welsh from SELL4FREE-WELSH REALTY CORPORATION.

Welcome to this impeccable 4-bedroom, 1.5-bath home nestled on 1.73 Acres and Beautifully Landscaped! Step inside to find the gorgeous, remodeled kitchen and baths that add elegance to everyday living. The updated flooring enhances the flow throughout, while newer appliances make this home move-in ready. Enjoy the perks of an above-ground swimming pool with a spacious deck, ideal for summer fun and weekend entertaining. Whether you're sipping morning coffee on the charming front porch or unwinding on the private back deck, relaxation is always just steps away. The home also features a sleek concrete driveway leading to an attached 2 car garage. A partially unfinished basement provides flexible space for storage. Recent upgrades include a roof installed just 6 years ago, new windows added in 2024, and the furnace and central air system was replaced only 5 years ago—ensuring comfort and confidence in every season. Stream your favorites with High-Speed Orange County Fiber Internet. $389,900 Active

149 E State Road 56 Jasper, Indiana

4 Beds 2 Baths 3,527 SqFt 1.73 Acres

Listing courtesy of Opal Sermersheim from SELL4FREE-WELSH REALTY CORPORATION.