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Elkhart

Elkhart County, IN

STR Investment Grade

Transparent Scoring
A
82/100
BUY
Score Breakdown
💰Cash-on-Cash
30/35
🏠Affordability
18/25
📅Year-Round Income
9/15
🤝Landlord Friendly
10/10
📈Room to Grow
15/15
Cash-on-Cash
18.3%
Excellent (15%+)
Median Home
$215K
Affordable
Room to Grow
15/15
Excellent 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 Elkhart 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 Elkhart?

Suburban Market

What drives short-term rental demand here

🏘️
Suburban Stay

Family-friendly neighborhoods near attractions offer spacious stays at accessible price points.

📈
Growing Market

Population and economic growth signal increasing demand and property appreciation potential.

Will This Deal Work?

Investment Grade
A
Excellent (15%+)
CoC: 18.3%
Can You Pay the Bills?
YES
Income covers mortgage
THE BOTTOM LINE

Excellent opportunity! Strong cash flow potential with favorable market conditions.

💵
$203
Avg ADR
📅
48%
Occupancy
💰
$2,917
Monthly Revenue
🏠
$215K
Median Price

Market estimates · Updated Feb 2026

📊 Income by Property Size

Monthly revenue estimates by bedroom count

1BR
$1,604
2BR
$2,188
3BR
$2,917
4BR
$3,938
5BR
$4,813
6BR+
$5,688
⭐ Best

🏠 Top Amenities for This Market

Add these to boost your revenue

MUST HAVEParking
+15%
MUST HAVEBackyard
+12%
HIGH IMPACTWorkspace
+10%
HIGH IMPACTFast WiFi
+8%
NICE TO HAVEGrill
+6%

🎯 Your Next Steps

1
Search for 6BR+ properties
Best income potential at $5,688/month
2
Add a Parking
Boost revenue by +15%
3
Target $3,646/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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Free STR calculator with comp data for any address

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Elkhart, Indiana is rated A for Airbnb investment with a score of 82/100 (BUY). The market has an average daily rate (ADR) of $203, 48% occupancy, and estimated monthly STR revenue of $2,917. Median home value is $214,725 with a cash-on-cash return of 18.3%. STR regulation status: Legal. Data powered by Edge by Teeco using estimated market data.