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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Connersville, IN
$ 139,900
ROI
26.0
Cash Flow/m
241- 2 Bed
- 1 Bath
- 876 sft
2315 Iowa Ave, Connersville, IN, 47331
$ 154,900
ROI
29.9Cash Flow/m
436- 3 Bed
- 1 Bath
- 1032 sft
2339 E Little Bear Rd, Connersville, IN, 47331
Motivated Seller
$ 109,000
ROI
25.8Cash Flow/m
184- 3 Bed
- 1 Bath
- 1040 sft
3314 Richmond Ave, Connersville, IN, 47331
$ 189,900
ROI
26.3Cash Flow/m
347- 3 Bed
- 2 Bath
- - sft
2047 W State Route 44, Connersville, IN, 47331
Why Invest in Connersville, Indiana?
Investing in Connersville, IN, can be an attractive option, especially with properties under $200k. The average rental yield is projected at 7.5%, while the cap rate sits around 9%. This makes it a lucrative market for both new and seasoned investors looking for high cash flow opportunities.
12%
Avg. ROI
7.5%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Connersville currently stands around $800 per month, making it an affordable option compared to larger metropolitan areas.
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