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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
Listed for sale 3 days ago
$ 139,000
ROI
26.1
Cash Flow/m
246- 2 Bed
- 1 Bath
- 1236 sft
2208 Western Ave, Connersville, IN, 47331
$ 149,900
ROI
22.4Cash Flow/m
111- 2 Bed
- 1 Bath
- 1140 sft
853 W 8th St, Connersville, IN, 47331
Currently Rented
Rental Income
$ 135,000
ROI
30.8Cash Flow/m
414- 2 Bed
- 2 Bath
- 1378 sft
3304 Iowa Ave, Connersville, IN, 47331
$ 165,900
ROI
28.0Cash Flow/m
379- 3 Bed
- 2 Bath
- 1452 sft
1505 N Grand Ave, 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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