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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

Fix & Flip
Listed for sale 2 days ago
$ 179,500
ROI
33.0
Cash Flow/m
661- 2 Bed
- 1 Bath
- 2150 sft
7327 Monroe Ave, Hammond, IN, 46324

Fix & Flip
Listed for sale 3 days ago
$ 160,000
ROI
25.2
Cash Flow/m
244- 3 Bed
- 1 Bath
- 1369 sft
3352 Kenwood St, Hammond, IN, 46323

Fix & Flip
Listed for sale 3 days ago
$ 176,900
ROI
27.0
Cash Flow/m
358- 2 Bed
- 2 Bath
- 1469 sft
233 Oakwood St, Hammond, IN, 46324

Listed for sale 4 days ago
$ 200,000
ROI
22.2
Cash Flow/m
134- 3 Bed
- 1 Bath
- 1125 sft
6333 Monroe Ave, 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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