Investment Properties Under $200K in Elwood, IN | Ziffy.ai
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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

Property at 2712 S A St, Elwood, IN
$ 169,900
ROI
28.6ROI percentage
Cash Flow/m
Dollar sign420
  • 3 Bed
  • 1 Bath
  • 1194 sft
2712 S A St, Elwood, IN, 46036
Property at 1820 S M St, Elwood, IN
Currently Rented
$ 124,900
ROI
26.1ROI percentage
Cash Flow/m
Dollar sign222
  • 3 Bed
  • 1 Bath
  • 960 sft
1820 S M St, Elwood, IN, 46036
Property at 2008 N D St, Elwood, IN
$ 175,000
ROI
27.8ROI percentage
Cash Flow/m
Dollar sign390
  • 3 Bed
  • 2 Bath
  • 1493 sft
2008 N D St, Elwood, IN, 46036
Property at 1410 S I St, Elwood, IN
$ 194,500
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign272
  • 3 Bed
  • 2 Bath
  • 1672 sft
1410 S I 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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