Under $200K Investment Properties for Sale in Fort Wayne, IN
281- 4 Bed
- 3 Bath
- 1964 sft
309- 4 Bed
- 2 Bath
- 1300 sft
299- 2 Bed
- 1 Bath
- 873 sft
474- 3 Bed
- 1 Bath
- 1040 sft
Why Invest in Fort Wayne, Indiana?
Discover investment properties under $200k in Fort Wayne, IN, offering strong entry points for cash-flowing rentals. Affordable homes here deliver solid **rental yields** around 8-10% with **cap rates** of 7-9%. The city's stable **appreciation** at 2% annually and growing renter demand make it ideal for beginners. Low vacancy and Midwest affordability support consistent **cash flow** of $300+ monthly per unit. Pair with local job growth for long-term holds.
Frequently Asked Questions
Yes, neighborhoods like East Central offer homes from $13k-$150k ideal for rentals. These provide strong cash flow due to low acquisition costs and steady rents around $1,100/month. Focus on properties needing light rehab for best returns.
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