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

Property at 9861 Zion Rd, Cannelton, IN
Listed for sale 2 days ago
$ 235,000
ROI
29.3ROI percentage
Cash Flow/m
Dollar sign622
  • 4 Bed
  • 2 Bath
  • 1568 sft
9861 Zion Rd, Cannelton, IN, 47520
Property at 19 Lafayette Ln, Cannelton, IN
$ 199,000
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign248
  • 4 Bed
  • 2 Bath
  • 1457 sft
19 Lafayette Ln, Cannelton, IN, 47520
Property at 6670 Scotch Pine Rd, Cannelton, IN
$ 129,000
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign247
  • 2 Bed
  • 1 Bath
  • 780 sft
6670 Scotch Pine Rd, Cannelton, IN, 47520
Property at 8175 Boyd Rd, Cannelton, IN
$ 199,900
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign47
  • 1 Bed
  • 1 Bath
  • 2000 sft
8175 Boyd Rd, Cannelton, IN, 47520

Why Invest in Cannelton, Indiana?

Investing in Cannelton, Indiana offers opportunities below $500,000 with promising growth potential. The area is experiencing stability in rental yields, with a cap rate of approximately 8%. Properties in this price range are ideal for first-time investors looking for affordable options in a developing market.

10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$800/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

You can find single-family homes, duplexes, and some commercial properties. The area offers a variety of options catering to different investment strategies.

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