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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 1 day ago
$ 169,900
ROI
26.5
Cash Flow/m
318- 3 Bed
- 2 Bath
- 963 sft
6316 Rhode Island Ave, Hammond, IN, 46323
Listed for sale 2 days ago
$ 199,000
ROI
25.8Cash Flow/m
333- 3 Bed
- 2 Bath
- 1320 sft
6139 Marshall Ave, Hammond, IN, 46323
Listed for sale 2 days ago
$ 159,500
ROI
25.4Cash Flow/m
250- 2 Bed
- 2 Bath
- 1900 sft
5416 Birch Ave, Hammond, IN, 46320
Listed for sale 4 days ago
$ 170,000
ROI
26.8Cash Flow/m
333- 3 Bed
- 1 Bath
- 1000 sft
1620 180th 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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