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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Frankfort, IN

Listed for sale today
$ 185,000
ROI
33.3
Cash Flow/m
699- 3 Bed
- 2 Bath
- 1894 sft
601 S Clay St, Frankfort, IN, 46041

$ 452,900
ROI
23.5
Cash Flow/m
473- 5 Bed
- 3 Bath
- 2567 sft
820 Hackberry Ct, Frankfort, IN, 46041

$ 345,000
ROI
26.8
Cash Flow/m
677- 3 Bed
- 2 Bath
- 2181 sft
4750 S County Road 150 W, Frankfort, IN, 46041

$ 180,000
ROI
28.3
Cash Flow/m
427- 2 Bed
- 1 Bath
- 980 sft
854 S 1st St, Frankfort, IN, 46041
Why Invest in Frankfort, Indiana?
Investing in real estate in Frankfort, IN, under $500k presents a unique opportunity. The city boasts a solid rental yield and favorable appreciation rates, making it an attractive market for first-time homebuyers and seasoned investors alike. With strong economic indicators like job growth and relatively low vacancy rates, Frankfort is poised for sustained investment potential.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average home price in Frankfort, IN, is approximately $220,000, making it an affordable market for both investors and first-time buyers.
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