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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

Listed for sale 5 days ago
$ 169,900
ROI
28.6
Cash Flow/m
420- 3 Bed
- 1 Bath
- 2163 sft
909 S A St, Elwood, IN, 46036

$ 125,000
ROI
25.9
Cash Flow/m
215- 3 Bed
- 1 Bath
- 2234 sft
600 N Anderson St, Elwood, IN, 46036

$ 169,900
ROI
29.9
Cash Flow/m
480- 3 Bed
- 1 Bath
- 1383 sft
418 N 14th St, Elwood, IN, 46036

$ 199,900
ROI
24.1
Cash Flow/m
240- 3 Bed
- 1 Bath
- 1420 sft
2719 N A 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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