Goshen, IN

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  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Goshen short-term rental market based on reliable data.

Listings

80 / 134

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$33,706

Middle-Earners Revenue

Occupancy

63%

Middle-Earners Occupancy

Home Value

$271,179

Median Home Sale Price

Top Earners

$75,123

Top-Earners Revenue

Goshen

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Goshen.

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B

Generally Investor friendly

Goshen Regulations

Goshen allows short-term rentals with a clear legal distinction under zoning and recent ordinance updates, providing defined permitted districts. The process involves moderate complexity: zoning verification, potential building permits, business registration, and compliance with overlapping state regulations (Indiana Code) for taxes and safety. While not overly burdensome, navigating multiple regulatory layers requires diligence, preventing an 'A' grade.

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About Goshen

Goshen ( GOH-shən) is a city in and the county seat of Elkhart County, Indiana, United States. It is the smaller of the two principal cities of the Elkhart–Goshen Metropolitan Statistical Area, which in turn is part of the South Bend–Elkhart–Mishawaka Combined Statistical Area. It is located in the northern part of Indiana near the Michigan border, in a region known as Michiana. Goshen is located 10 miles southeast of Elkhart, 25 miles southeast of South Bend, 120 miles east of Chicago, and 150 miles north of Indianapolis. The population was 34,517 at the 2020 census.The city is known as an extremely prominent recreational vehicle and accessories manufacturing center, the home of Goshen College, a small Mennonite liberal arts college, and the Elkhart County 4-H Fair, one of the largest county fairs in the United States.

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