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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Elwood, IN

Currently Rented
Rental Income
Listed for sale today
$ 169,900
ROI
21.0
Cash Flow/m
60- 4 Bed
- 2 Bath
- - sft
1328 S G St, Elwood, IN, 46036

Listed for sale 3 days ago
$ 189,999
ROI
25.4
Cash Flow/m
299- 3 Bed
- 2 Bath
- 3270 sft
1322 S East St, Elwood, IN, 46036

$ 109,900
ROI
27.6
Cash Flow/m
239- 2 Bed
- 1 Bath
- 940 sft
2013 S J St, Elwood, IN, 46036

Fix & Flip
Rental Income
$ 150,000
ROI
24.1
Cash Flow/m
180- - Bed
- - Bath
- - sft
1225 S 25th St, Elwood, IN, 46036
Why Invest in Elwood, Indiana?
Investing in Elwood, Indiana, particularly in properties under $200k, provides a great opportunity for value growth. The area boasts a stable rental market, with favorable returns for investors looking to tap into affordable housing. With an average rental yield around 7% and potential appreciation of 3% annually, Elwood presents a robust market for both new and experienced investors.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties under $200k in Elwood is approximately $800 per month. This makes it attractive for both investors and potential tenants looking for affordable living options.
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