Under $200K Investment Properties for Sale in Evansville, IN
420- 2 Bed
- 1 Bath
- 840 sft
209- 2 Bed
- 3 Bath
- 1800 sft
176- 2 Bed
- 1 Bath
- 728 sft
295- 2 Bed
- 1 Bath
- 720 sft
Why Invest in Evansville, Indiana?
Evansville, IN offers prime real estate investment opportunities under $200k, with median home prices around $150k-$190k enabling strong entry-level cash flow. The city's stable economy driven by healthcare and manufacturing supports consistent rental demand. Investors benefit from rental yields around 8-10% and cap rates of 7-9% in this affordable market. Ongoing riverfront developments and infrastructure upgrades signal appreciation potential of 4-5% annually. Properties under $200k near employment hubs provide immediate positive cash flow for savvy investors.
Frequently Asked Questions
Under $200k properties in Evansville offer cap rates of 7-9% and rental yields around 9%, with average monthly cash flow of $400-500. Stable employment from major employers like Toyota supports consistent rents. Appreciation of 4-5% annually adds long-term value.
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