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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

Fix & Flip
Listed for sale 1 day ago
$ 190,000
ROI
34.0
Cash Flow/m
752- 3 Bed
- 2 Bath
- 1362 sft
2666 S County Road 450 W, Frankfort, IN, 46041

Fix & Flip
Listed for sale 1 day ago
$ 173,000
ROI
20.6
Cash Flow/m
42- 3 Bed
- 1 Bath
- 2704 sft
551 S Jackson St, Frankfort, IN, 46041

Fix & Flip
Listed for sale 2 days ago
$ 160,000
ROI
30.5
Cash Flow/m
476- 3 Bed
- 2 Bath
- 1539 sft
1140 Hawthorne Ave, Frankfort, IN, 46041

Listed for sale 6 days ago
$ 172,000
ROI
31.8
Cash Flow/m
578- 2 Bed
- 1 Bath
- 1296 sft
951 W Barner 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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