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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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
25.2Cash 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
27.0Cash Flow/m
358- 2 Bed
- 2 Bath
- 1469 sft
233 Oakwood St, Hammond, IN, 46324
Listed for sale 4 days ago
$ 200,000
ROI
22.2Cash Flow/m
134- 3 Bed
- 1 Bath
- 1125 sft
6333 Monroe Ave, Hammond, IN, 46324
Why Invest in Hammond, Indiana?
Investing in Hammond, IN, particularly in properties under $300k, can yield attractive returns in a vibrant market. With an average rental yield of approximately 7% and a growing demand from renters, this area presents a unique opportunity. The city's proximity to Chicago enhances its appeal, leading to prospective job growth and increasing property values.
13%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Hammond offers a robust rental market with significant potential for appreciation and cash flow. Investors can benefit from favorable cap rates and an increasing demand for affordable housing.
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