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

Listed for sale 1 day ago
$ 187,500
ROI
25.6
Cash Flow/m
304- 4 Bed
- 2 Bath
- 1919 sft
6542 McCook Ave, Hammond, IN, 46323

Fix & Flip
Listed for sale 2 days ago
$ 179,000
ROI
25.9
Cash Flow/m
308- 3 Bed
- 2 Bath
- 1500 sft
426 Cherry St, Hammond, IN, 46324

Listed for sale 3 days ago
$ 179,900
ROI
26.2
Cash Flow/m
322- 3 Bed
- 1 Bath
- 984 sft
6412 Nebraska Ave, Hammond, IN, 46323

Listed for sale 3 days ago
$ 190,000
ROI
26.2
Cash Flow/m
338- 3 Bed
- 2 Bath
- 2538 sft
6515 Nebraska Ave, Hammond, IN, 46323
Why Invest in Hammond, Indiana?
Investing in Hammond, IN offers unique opportunities, especially for properties under $200k. With a growing market and affordable entry points, investors can benefit from strong rental yields and solid appreciation prospects. The city’s strategic location and improving infrastructure make it an attractive choice for both seasoned and new investors.
8.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Hammond offers affordable property prices and a growing rental market, making it an attractive option for investors. The city's strong economic indicators and moderate appreciation rates also support favorable investment conditions.
Find Your Perfect Investment Property in Hammond, Indiana
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