Under $500K Investment Properties for Sale in Alexandria, IN
$ 189,500
ROI
23.2
Cash Flow/m
182- 3 Bed
- 2 Bath
- 1558 sft
515 S Harrison St, Alexandria, IN, 46001
$ 187,900
ROI
23.4Cash Flow/m
192- 3 Bed
- 2 Bath
- 1493 sft
311 N Edgeway Dr, Alexandria, IN, 46001
$ 199,900
ROI
21.9Cash Flow/m
120- 3 Bed
- 2 Bath
- 2305 sft
244 W 900 N, Alexandria, IN, 46001
$ 134,900
ROI
22.2Cash Flow/m
90- 2 Bed
- 1 Bath
- 884 sft
302 W Van Buren St, Alexandria, IN, 46001
Why Invest in Alexandria, Indiana?
Investing in Alexandria, Indiana under $500k offers promising opportunities for investors looking to capitalize on affordable real estate. With a growing job market and an increasing demand for rental properties, the potential for a solid return on investment is high. The favorable rental yield and appreciation rates make Alexandria an attractive option for property investment.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
The average home prices in Alexandria are generally below $500k, making the market quite accessible for new investors. Expect a blend of single-family homes and multi-family properties in this price range.
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