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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
$ 146,000
ROI
33.6
Cash Flow/m
564- 3 Bed
- 1 Bath
- 1403 sft
1636 S B St, Elwood, IN, 46036
Listed for sale 5 days ago
$ 119,900
ROI
30.6Cash Flow/m
360- 1 Bed
- 1 Bath
- 1120 sft
1524 S R St, Elwood, IN, 46036
$ 164,900
ROI
29.6Cash Flow/m
450- 3 Bed
- 2 Bath
- 928 sft
2015 N F St, Elwood, IN, 46036
$ 189,900
ROI
25.4Cash Flow/m
300- 3 Bed
- 3 Bath
- 1512 sft
1810 S R St, 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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