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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Elwood, IN
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
27.6Cash Flow/m
239- 2 Bed
- 1 Bath
- 940 sft
2013 S J St, Elwood, IN, 46036
Fix & Flip
Rental Income
$ 150,000
ROI
24.1Cash Flow/m
180- - Bed
- - Bath
- - sft
1225 S 25th St, Elwood, IN, 46036
$ 139,900
ROI
26.1Cash Flow/m
245- 3 Bed
- 2 Bath
- 2000 sft
3309 N 700 E, Elwood, IN, 46036
Why Invest in Elwood, Indiana?
Investing in Elwood, Indiana offers a unique opportunity for those seeking affordable housing options under $500k. With a growing rental market and steady appreciation rates, this area is gaining attention from savvy investors. The average cap rate here stands at a competitive 6%, and rental yields are around 8%.
12%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Elwood is approximately $950 per month, making it an attractive option for renters.
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