Under $500K 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
Rental Income
Listed for sale 4 days ago
$ 498,000
ROI
19.9Cash Flow/m
24- 8 Bed
- 3 Bath
- 5015 sft
110 Taylor Pl, 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
Why Invest in Greencastle, Indiana?
Investing in Greencastle, IN, offers a unique opportunity for affordable properties under $500k. The area boasts a stable job market with an average cap rate of 6%, making it attractive for rental investments. With a renter-occupied percentage of around 60%, the demand for rental properties remains high, providing potential for healthy cash flow.
8%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average property prices in Greencastle, IN, are typically under $500k, making it an affordable option for homebuyers and investors alike.
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