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

Listed for sale 2 days ago
$ 217,500
ROI
29.5
Cash Flow/m
586- 2 Bed
- 2 Bath
- 1070 sft
12519 Timber Creek Dr Unit 2, Carmel, IN, 46032

$ 285,000
ROI
27.1
Cash Flow/m
580- 3 Bed
- 3 Bath
- 2256 sft
105 Carmelaire Dr, Carmel, IN, 46032

Currently Rented
Rental Income
$ 239,000
ROI
24.5
Cash Flow/m
315- 2 Bed
- 2 Bath
- 1211 sft
12873 Tradd St APT 2B, Carmel, IN, 46032

$ 189,900
ROI
24.0
Cash Flow/m
224- 1 Bed
- 1 Bath
- 713 sft
12938 University Cres APT 2B, Carmel, IN, 46032
Why Invest in Carmel, Indiana?
Investing in condos in Indiana presents a unique opportunity for growth in a market that shows strong rental yields and steady appreciation. With an average ROI of 8% and a rental yield of 6.5%, the potential for cash flow is promising in this developing area. The cost of living is reasonable, attracting renters and contributing to strong demand for rental properties.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Carmel, IN is approximately 6.5%, making it an attractive market for investors seeking steady returns.
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