Under $300K Investment Properties for Sale in Greencastle, IN
Listed for sale 4 days ago
$ 174,900
ROI
29.0
Cash Flow/m
450- 4 Bed
- 2 Bath
- 2947 sft
11 S Bloomington St, Greencastle, IN, 46135
Listed for sale 6 days ago
$ 189,900
ROI
27.0Cash Flow/m
381- 2 Bed
- 2 Bath
- 1984 sft
12 Beveridge St, Greencastle, IN, 46135
Listed for sale 7 days ago
$ 139,900
ROI
26.7Cash Flow/m
270- 2 Bed
- 1 Bath
- 768 sft
6954 N County Road 490 W, Greencastle, IN, 46135
Listed for sale 7 days ago
$ 139,900
ROI
27.0Cash Flow/m
280- 2 Bed
- 1 Bath
- 768 sft
6549 N 490 W, Greencastle, IN, 46135
Why Invest in Greencastle, Indiana?
Investing in Greencastle, IN, offers properties under $300k with significant potential for returns. With an average rental yield around 7% and a solid cap rate of 5.5%, this area is becoming increasingly attractive to investors looking for affordable opportunities. Consider the upward trend in property appreciation and a renter-occupied rate of 60%, making it a smart choice for wealth building.
8%
Avg. ROI
7%
Rental Yield
5.5%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Greencastle is around $1,200 per month, making it affordable for many. Investors can benefit from a strong rental yield due to the increasing demand.
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