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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Greenwood, IN

Listed for sale 1 day ago
$ 260,000
ROI
22.1
Cash Flow/m
173- 3 Bed
- 3 Bath
- 2088 sft
1626 Lacebark Dr Unit A, Greenwood, IN, 46143

$ 318,995
ROI
21.4
Cash Flow/m
149- 5 Bed
- 3 Bath
- 2247 sft
2882 Grand Lake Blvd, Greenwood, IN, 46143

$ 318,995
ROI
21.4
Cash Flow/m
149- 5 Bed
- 3 Bath
- 2247 sft
1651 Woods Edge Dr, Greenwood, IN, 46143

$ 316,280
ROI
26.5
Cash Flow/m
596- 4 Bed
- 3 Bath
- 1803 sft
2853 Woods Edge Dr, Greenwood, IN, 46143
Why Invest in Greenwood, Indiana?
Townhouses in Greenwood, IN offer strong investment potential with steady appreciation and reliable rental demand. Proximity to Indianapolis drives workforce commuters seeking affordable housing options. Average rents support healthy cash flows, bolstered by low vacancy rates around 4%. Cap rates hover near 6%, with annual appreciation of 1-2% per recent trends. Investor-friendly market with growing inventory favors stable returns.
7.5%
Avg. ROI
6.2%
Rental Yield
6.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
1.2%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses offer solid cap rates around 6% and steady 1-2% appreciation. Strong commuter demand from Indianapolis keeps occupancy high. Inventory growth provides entry opportunities.
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