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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Greenwood, IN

$ 185,000
ROI
26.8
Cash Flow/m
361- 3 Bed
- 1 Bath
- 960 sft
633 Gooseberry Ln, Greenwood, IN, 46143

Motivated Seller
$ 198,000
ROI
32.9
Cash Flow/m
724- 3 Bed
- 1 Bath
- 1100 sft
1049 S Morgantown Rd, Greenwood, IN, 46143

$ 169,900
ROI
25.3
Cash Flow/m
261- 4 Bed
- 3 Bath
- 1872 sft
5016 Olive Branch Rd, Greenwood, IN, 46143

$ 189,900
ROI
20.9
Cash Flow/m
60- 1 Bed
- 2 Bath
- 1270 sft
1204 Paradise Way N #B, Greenwood, IN, 46143
Why Invest in Greenwood, Indiana?
Greenwood, IN offers strong investment potential in homes under $200k, appealing to budget-conscious investors seeking entry-level properties. Proximity to Indianapolis supports steady rental demand from commuters. Average rental yields around 8-10% make these affordable homes cash flow positive. Annual appreciation of 4-5% reflects stable suburban growth. Low vacancy rates under 5% ensure reliable occupancy.
9.5%
Avg. ROI
9.2%
Rental Yield
8.7%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.5%
1Y Appreciation
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