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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Albany, IN

Fix & Flip
$ 169,900
ROI
31.4
Cash Flow/m
549- 3 Bed
- 2 Bath
- 1196 sft
391 W Albany Ct, Albany, IN, 47320

$ 109,900
ROI
26.8
Cash Flow/m
214- 2 Bed
- 1 Bath
- 924 sft
200 N Delaware St, Albany, IN, 47320

$ 168,000
ROI
22.6
Cash Flow/m
132- 3 Bed
- 1 Bath
- 1566 sft
228 S Mound St, Albany, IN, 47320

$ 280,000
ROI
22.6
Cash Flow/m
221- 3 Bed
- 2 Bath
- 1880 sft
6800 E Lewis Dr, Albany, IN, 47320
Why Invest in Albany, Indiana?
Investing in properties under $500k in Indiana offers an excellent opportunity for first-time investors. With a competitive market and strong rental yields, you can expect an average ROI of around 8%. The local economy shows resilience with a healthy job growth rate, making it a prime location for real estate.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Investing in Indiana real estate offers a strong rental yield and an affordable entry point for investors. The state's growing job market and low vacancy rates make it an attractive option.
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