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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 3 days ago
$ 185,000
ROI
31.9
Cash Flow/m
627- 6 Bed
- 3 Bath
- - sft
43 Carroll St, Hammond, IN, 46320

Motivated Seller
Listed for sale 3 days ago
$ 182,100
ROI
25.4
Cash Flow/m
288- 3 Bed
- 1 Bath
- 1534 sft
6932 Schneider Ave, Hammond, IN, 46323

Fix & Flip
Listed for sale 3 days ago
$ 120,000
ROI
26.9
Cash Flow/m
237- 3 Bed
- 1 Bath
- 1128 sft
1347 Sherman St, Hammond, IN, 46320

Listed for sale 7 days ago
$ 165,000
ROI
26.5
Cash Flow/m
311- 3 Bed
- 2 Bath
- 1445 sft
7447 California 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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