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Angola

Steuben County, IN

STR Investment Grade

Transparent Scoring
C
48/100
⚠️ HOLD
Score Breakdown
💰Cash-on-Cash
5/35
🏠Affordability
12/25
📅Year-Round Income
9/15
🤝Landlord Friendly
10/10
📈Room to Grow
12/15
Cash-on-Cash
-2.0%
Negative Cash Flow
Median Home
$291K
Moderate
Room to Grow
12/15
Good Headroom

STRs Generally Permitted

STRs generally allowed with standard permits

No major restrictions known. Standard registration and tax collection may be required. Check local ordinances for specific requirements.

Permit: Moderate
AI-generated regulation data · Regulations change frequently
📋 Before You Invest
Even in STR-friendly markets, confirm the details for your specific property. Call the Angola City Clerk or Planning & Zoning Department and ask:
1. Are short-term rentals (under 30 days) allowed at [your address]?
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Regulation details vary by neighborhood and zoning district — always verify for your specific address.

Why Angola?

Lake Market

What drives short-term rental demand here

🌊
Lakefront Appeal

Waterfront properties command premium rates with strong summer demand and growing shoulder seasons.

⚖️
Balanced Supply

Healthy supply-demand ratio means room for new listings without oversaturation concerns.

Will This Deal Work?

Investment Grade
C
Negative Cash Flow
CoC: -2.0%
Can You Pay the Bills?
Risky
May struggle with payments
THE BOTTOM LINE ⚠️

Marginal opportunity. Returns may be limited - consider negotiating or other markets.

💵
$164
Avg ADR
📅
45%
Occupancy
💰
$2,214
Monthly Revenue
🏠
$291K
Median Price

Market estimates · Updated Feb 2026

📊 Income by Property Size

Monthly revenue estimates by bedroom count

1BR
$1,218
2BR
$1,660
3BR
$2,214
4BR
$2,989
5BR
$3,653
6BR+
$4,317
⭐ Best

🏠 Top Amenities for This Market

Add these to boost your revenue

MUST HAVELake Access
+22%
MUST HAVEDock/Boat Slip
+18%
HIGH IMPACTFire Pit
+12%
HIGH IMPACTKayaks/Canoes
+10%
NICE TO HAVEHot Tub
+15%

🎯 Your Next Steps

1
Search for 6BR+ properties
Best income potential at $4,317/month
2
Add a Lake Access
Boost revenue by +22%
3
Target $2,768/month
Top 25% performer income goal

📋 Regulation Status

LegalPermit: Moderate

Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.

Research Comparable Listings

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Angola, Indiana is rated C for Airbnb investment with a score of 48/100 (HOLD). The market has an average daily rate (ADR) of $164, 45% occupancy, and estimated monthly STR revenue of $2,214. Median home value is $290,827 with a cash-on-cash return of -2.0%. STR regulation status: Legal. Data powered by Edge by Teeco using estimated market data.