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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 3 days ago
$ 193,000
ROI
21.0
Cash Flow/m
69- 1 Bed
- 2 Bath
- 1270 sft
1204 Paradise Way N #B, GREENWOOD, IN, 46143
Listed for sale 4 days ago
$ 199,900
ROI
25.5Cash Flow/m
319- 2 Bed
- 2 Bath
- 1270 sft
1136 Paradise Way N Unit B, Greenwood, IN, 46143
$ 195,000
ROI
23.1Cash Flow/m
183- 2 Bed
- 2 Bath
- 1506 sft
1597 Lacebark Dr Unit K, Greenwood, IN, 46143
Fix & Flip
$ 145,000
ROI
25.4Cash Flow/m
228- 3 Bed
- 1 Bath
- 888 sft
476 Carol Dr, 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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