Under $500K Investment Properties for Sale in Albany, IN

Property at 1875 E Wren Blvd, Albany, IN
Listed for sale 4 days ago
$ 160,000
ROI
25.1ROI percentage
Cash Flow/m
Dollar sign240
  • 3 Bed
  • 2 Bath
  • 988 sft
1875 E Wren Blvd, Albany, IN, 47320
Property at 1514 E Holly Dr, Albany, IN
$ 222,500
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign230
  • 4 Bed
  • 3 Bath
  • 1812 sft
1514 E Holly Dr, Albany, IN, 47320
Property at 265 S Miller Ave, Albany, IN
$ 190,000
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign235
  • 3 Bed
  • 1 Bath
  • 1978 sft
265 S Miller Ave, Albany, IN, 47320
Property at 10300 E Orr Rd, Albany, IN
$ 429,900
ROI
21.1ROI percentage
Cash Flow/m
Dollar sign163
  • 4 Bed
  • 3 Bath
  • 3470 sft
10300 E Orr Rd, 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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