Under $200K Investment Properties for Sale in Hammond, IN

Property at 4617 Oak Ave, Hammond, IN
Listed for sale 3 days ago
$ 184,900
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign315
  • 3 Bed
  • 1 Bath
  • 1640 sft
4617 Oak Ave, Hammond, IN, 46327
Property at 7432 Beech Ave, Hammond, IN
Listed for sale 3 days ago
$ 169,900
ROI
26.4ROI percentage
Cash Flow/m
Dollar sign314
  • 3 Bed
  • 1 Bath
  • 864 sft
7432 Beech Ave, Hammond, IN, 46324
Property at 6614 Lyman Ave, Hammond, IN
Listed for sale 3 days ago
$ 162,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign266
  • 2 Bed
  • 1 Bath
  • 708 sft
6614 Lyman Ave, Hammond, IN, 46324
Property at 1650 171st Pl, Hammond, IN
Listed for sale 5 days ago
$ 175,000
ROI
32.1ROI percentage
Cash Flow/m
Dollar sign602
  • 2 Bed
  • 1 Bath
  • 720 sft
1650 171st Pl, Hammond, IN, 46324

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.

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