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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in East Chicago, IN
Rental Income
$ 113,500
ROI
35.2
Cash Flow/m
487- 5 Bed
- 4 Bath
- - sft
4853 McCook Ave, East Chicago, IN, 46312
Fix & Flip
Rental Income
$ 150,000
ROI
29.2Cash Flow/m
393- 8 Bed
- 3 Bath
- - sft
5008 Alexander Ave, East Chicago, IN, 46312
Fix & Flip
$ 129,900
ROI
35.7Cash Flow/m
576- 6 Bed
- 3 Bath
- - sft
3616 Hemlock St, East Chicago, IN, 46312
Currently Rented
Rental Income
$ 200,000
ROI
25.3Cash Flow/m
308- 4 Bed
- 2 Bath
- - sft
5004 Northcote Ave, East Chicago, IN, 46312
Why Invest in East Chicago, Indiana?
Investing in multifamily properties in East Chicago offers a competitive edge with an average rental yield around 6.5%. The city's good job market, supported by key employers, makes it an enticing location for rental investments. With a cap rate of approximately 8% and an appreciating housing market, investors can expect solid returns.
10%
Avg. ROI
6.5%
Rental Yield
8%
Cap Rate
$800/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for multifamily homes in East Chicago is around $1,200 per month, making it an affordable yet attractive option for renters.
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