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 900 N 16th St, Elwood, IN
Listed for sale 1 day ago
$ 159,900
ROI
30.5ROI percentage
Cash Flow/m
Dollar sign480
  • 3 Bed
  • 1 Bath
  • 1086 sft
900 N 16th St, Elwood, IN, 46036
Property at 805 S 17th St, Elwood, IN
Listed for sale 7 days ago
$ 190,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign299
  • 3 Bed
  • 3 Bath
  • 1392 sft
805 S 17th St, Elwood, IN, 46036
Property at 618 S 17th St, Elwood, IN
$ 199,900
ROI
28.7ROI percentage
Cash Flow/m
Dollar sign497
  • 4 Bed
  • 2 Bath
  • 1596 sft
618 S 17th St, Elwood, IN, 46036
Property at 2013 S J St, Elwood, IN
$ 129,900
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign119
  • 2 Bed
  • 1 Bath
  • 940 sft
2013 S J 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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