Under $500K Investment Properties for Sale in Fairmount, IN
Listed for sale 1 day ago
$ 159,900
ROI
31.0
Cash Flow/m
499- 3 Bed
- 1 Bath
- 988 sft
222 E Monroe St, Fairmount, IN, 46928
Listed for sale 2 days ago
$ 179,000
ROI
30.1Cash Flow/m
513- 3 Bed
- 1 Bath
- 1120 sft
1318 N Main St, Fairmount, IN, 46928
$ 125,000
ROI
26.6Cash Flow/m
239- 3 Bed
- 3 Bath
- 1830 sft
313 W 1st St, Fairmount, IN, 46928
$ 185,000
ROI
22.7Cash Flow/m
152- 4 Bed
- 2 Bath
- 1522 sft
310 E Adams 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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