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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 1 day ago
$ 144,999
ROI
28.9
Cash Flow/m
369- 3 Bed
- 2 Bath
- 1296 sft
609 W 5th St, Connersville, IN, 47331
$ 200,000
ROI
21.9Cash Flow/m
119- 3 Bed
- 2 Bath
- 1352 sft
3327 Wayne Ave, Connersville, IN, 47331
$ 159,900
ROI
30.1Cash Flow/m
461- 3 Bed
- 1 Bath
- 1314 sft
1611 N Grand Ave, Connersville, IN, 47331
Airbnb Potential
$ 199,900
ROI
20.5Cash Flow/m
40- 2 Bed
- 1 Bath
- 961 sft
539 S County Road 400 W, 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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