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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Greencastle, IN
Fix & Flip
Rental Income
Listed for sale 5 days ago
$ 174,900
ROI
29.0
Cash Flow/m
450- 5 Bed
- 3 Bath
- - sft
114 S Jackson St, Greencastle, IN, 46135
$ 149,900
ROI
25.5Cash Flow/m
238- 2 Bed
- 1 Bath
- 1400 sft
318 N College Ave, Greencastle, IN, 46135
$ 117,000
ROI
32.7Cash Flow/m
422- 1 Bed
- 1 Bath
- 888 sft
1248 W County Road 350 N, Greencastle, IN, 46135
$ 229,900
ROI
21.6Cash Flow/m
120- 3 Bed
- 2 Bath
- 1346 sft
4 Paradise Ln, 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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