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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

$ 175,000
ROI
28.6
Cash Flow/m
429- 3 Bed
- 1 Bath
- 1512 sft
401 E 2nd St, Fairmount, IN, 46928

$ 127,000
ROI
26.4
Cash Flow/m
235- 3 Bed
- 1 Bath
- 1660 sft
8060 W 900 S, Fairmount, IN, 46928

$ 134,900
ROI
26.5
Cash Flow/m
251- 3 Bed
- 1 Bath
- 1563 sft
11591 S 200 W, Fairmount, IN, 46928

$ 154,900
ROI
27.9
Cash Flow/m
352- 2 Bed
- 1 Bath
- 924 sft
104 E Harrison 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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