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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

Listed for sale 6 days ago
$ 199,000
ROI
29.1
Cash Flow/m
515- 3 Bed
- 1 Bath
- 1150 sft
343 N Meridian St, Greenwood, IN, 46143

Currently Rented
Rental Income
$ 125,000
ROI
26.6
Cash Flow/m
239- 2 Bed
- 2 Bath
- 1632 sft
73 Trails End, Greenwood, IN, 46142

$ 135,000
ROI
33.4
Cash Flow/m
514- 2 Bed
- 2 Bath
- 1088 sft
113 Greenwood Trl N, Greenwood, IN, 46142

$ 195,000
ROI
32.6
Cash Flow/m
697- 3 Bed
- 1 Bath
- 1756 sft
249 W County Line Rd, Greenwood, IN, 46142
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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