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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 1 day ago
$ 159,900
ROI
30.5
Cash Flow/m
480- 3 Bed
- 1 Bath
- 1086 sft
900 N 16th St, Elwood, IN, 46036
Listed for sale 2 days ago
$ 217,900
ROI
27.1Cash Flow/m
443- 3 Bed
- 3 Bath
- 1614 sft
1216 N D St, Elwood, IN, 46036
Listed for sale 7 days ago
$ 190,000
ROI
25.4Cash Flow/m
299- 3 Bed
- 3 Bath
- 1392 sft
805 S 17th St, Elwood, IN, 46036
$ 199,900
ROI
28.7Cash Flow/m
497- 4 Bed
- 2 Bath
- 1596 sft
618 S 17th 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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