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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
Listed for sale 7 days ago
$ 249,999
ROI
31.4
Cash Flow/m
809- 3 Bed
- 2 Bath
- 2688 sft
2057 S Cres #900-W, Greencastle, IN, 46135
$ 175,000
ROI
29.0Cash Flow/m
450- 3 Bed
- 2 Bath
- 1012 sft
510 E Ohio St, Greencastle, IN, 46135
$ 235,000
ROI
21.1Cash Flow/m
89- 3 Bed
- 2 Bath
- 1666 sft
3483 S County Road 25 W, Greencastle, IN, 46135
$ 260,000
ROI
30.2Cash Flow/m
758- 3 Bed
- 2 Bath
- 2688 sft
2057 S County Road 900 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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