Under $300K Investment Properties for Sale in Evansville, IN
206- 3 Bed
- 2 Bath
- 1744 sft
420- 2 Bed
- 1 Bath
- 840 sft
238- 3 Bed
- 3 Bath
- 1920 sft
209- 2 Bed
- 3 Bath
- 1800 sft
Why Invest in Evansville, Indiana?
Evansville, IN offers strong investment opportunities in homes under $300k, with median prices around $150k-$190k enabling high cash-on-cash returns. The market features solid rental demand from healthcare and manufacturing sectors, with rent-to-price ratios outperforming state averages. Steady appreciation potential of 4-5% annually combines with low entry costs for positive cash flow. Infrastructure like riverfront developments supports long-term value growth. Renter occupancy remains high at 38%, ideal for passive income strategies.
Frequently Asked Questions
Investors see average cap rates of 7-8% and rental yields around 8% on properties under $300k. Cash flow averages $400-500 monthly after expenses. Demand from stable employers keeps occupancy high.
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