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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Fairmount, IN
Listed for sale today
$ 139,900
ROI
26.0
Cash Flow/m
241- 2 Bed
- 1 Bath
- 1222 sft
10580 S 300 E, Fairmount, IN, 46928
$ 190,000
ROI
30.7Cash Flow/m
578- 3 Bed
- 2 Bath
- 1704 sft
414 W Washington St, Fairmount, IN, 46928
$ 145,900
ROI
31.3Cash Flow/m
468- 4 Bed
- 1 Bath
- 1388 sft
501 N Sycamore St, Fairmount, IN, 46928
$ 210,000
ROI
20.2Cash Flow/m
25- 2 Bed
- 2 Bath
- 1964 sft
602 S Penn St, Fairmount, IN, 46928
Why Invest in Fairmount, Indiana?
Investing in real estate in Indiana, particularly in Fairmount, offers unique opportunities with properties under $500k. With an average rental yield of 8% and a cap rate of around 6%, investors can anticipate solid returns. The local market is characterized by low vacancy rates of 3.5%, making it an attractive area for rental properties.
12%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average property prices in Fairmount typically hover around $150,000, making it an accessible market for many investors.
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