Under $500K Investment Properties for Sale in Frankfort, IN

Property at 1620 E Washington St, Frankfort, IN
Listed for sale 1 day ago
$ 250,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign269
  • 3 Bed
  • 1 Bath
  • 1320 sft
1620 E Washington St, Frankfort, IN, 46041
Property at 857 E Clinton St, Frankfort, IN
Listed for sale 6 days ago
$ 274,900
ROI
28.8ROI percentage
Cash Flow/m
Dollar sign691
  • 3 Bed
  • 2 Bath
  • 2857 sft
857 E Clinton St, Frankfort, IN, 46041
Property at 1432 S County Road 200 W, Frankfort, IN
$ 319,900
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign159
  • 3 Bed
  • 2 Bath
  • 1726 sft
1432 S County Road 200 W, Frankfort, IN, 46041
Property at 907 N Main St, Frankfort, IN
$ 185,000
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign255
  • 2 Bed
  • 1 Bath
  • 916 sft
907 N Main 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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