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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Elkhart, IN
Listed for sale 1 day ago
$ 485,000
ROI
27.0
Cash Flow/m
978- 5 Bed
- 5 Bath
- 3415 sft
3621 Oak Ridge Dr, Elkhart, IN, 46517
Listed for sale 1 day ago
$ 179,000
ROI
30.0Cash Flow/m
511- 3 Bed
- 1 Bath
- 1756 sft
1021 W Cleveland Ave, Elkhart, IN, 46516
Listed for sale 1 day ago
$ 289,900
ROI
24.2Cash Flow/m
360- 3 Bed
- 2 Bath
- 1565 sft
23457 Greenleaf Blvd, Elkhart, IN, 46514
Listed for sale 2 days ago
$ 209,000
ROI
29.0Cash Flow/m
539- 3 Bed
- 2 Bath
- 1528 sft
1831 Kenilworth Dr, Elkhart, IN, 46514
Why Invest in Elkhart, Indiana?
Elkhart, Indiana offers **high rental yield** opportunities for investors seeking strong cash flow in the Midwest. With average rents around $1,000 monthly—well below national averages—properties deliver attractive returns. The area's RV manufacturing hub drives consistent rental demand from workers. Cap rates hover at competitive levels with renter occupancy near 47%. Annual appreciation remains steady amid stable housing supply.
9.2%
Avg. ROI
8.5%
Rental Yield
7.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Strong RV manufacturing employment creates consistent tenant demand. Low median rents around $1,050 yield cap rates of 7-8% versus national averages. Stable occupancy at 47% supports reliable cash flow for investors.
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