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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 5 days ago
$ 169,900
ROI
28.6
Cash Flow/m
420- 3 Bed
- 1 Bath
- 2163 sft
909 S A St, Elwood, IN, 46036
$ 125,000
ROI
25.9Cash Flow/m
215- 3 Bed
- 1 Bath
- 2234 sft
600 N Anderson St, Elwood, IN, 46036
$ 169,900
ROI
29.9Cash Flow/m
480- 3 Bed
- 1 Bath
- 1383 sft
418 N 14th St, Elwood, IN, 46036
$ 199,900
ROI
24.1Cash Flow/m
240- 3 Bed
- 1 Bath
- 1420 sft
2719 N A 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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