Investment Properties Under $500K in Albany, IN | Ziffy.ai
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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

Property at 228 S Mound St, Albany, IN
Listed for sale 4 days ago
$ 168,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign132
  • 3 Bed
  • 1 Bath
  • 1566 sft
228 S Mound St, Albany, IN, 47320
Property at 6800 E Lewis Dr, Albany, IN
$ 280,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign221
  • 3 Bed
  • 2 Bath
  • 1880 sft
6800 E Lewis Dr, Albany, IN, 47320
Property at 1391 N Gregg Dr, Albany, IN
$ 235,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign150
  • 4 Bed
  • 2 Bath
  • 1397 sft
1391 N Gregg Dr, Albany, IN, 47320
Property at 715 E Franklin St, Albany, IN
$ 159,900
ROI
28.0ROI percentage
Cash Flow/m
Dollar sign369
  • 3 Bed
  • 1 Bath
  • 1204 sft
715 E Franklin St, 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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