Under $300K Investment Properties for Sale in Hammond, IN

Property at 259 Humpfer St, Hammond, IN
Listed for sale 1 day ago
$ 215,000
ROI
26.5ROI percentage
Cash Flow/m
Dollar sign400
  • 3 Bed
  • 2 Bath
  • 1728 sft
259 Humpfer St, Hammond, IN, 46324
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

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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