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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
Listed for sale 1 day ago
$ 187,500
ROI
25.6
Cash Flow/m
304- 4 Bed
- 2 Bath
- 1919 sft
6542 McCook Ave, Hammond, IN, 46323
Fix & Flip
Listed for sale 2 days ago
$ 230,000
ROI
31.1Cash Flow/m
725- 3 Bed
- 2 Bath
- 3763 sft
7409 Arizona Ave, Hammond, IN, 46323
Fix & Flip
Listed for sale 2 days ago
$ 179,000
ROI
25.9Cash Flow/m
308- 3 Bed
- 2 Bath
- 1500 sft
426 Cherry St, Hammond, IN, 46324
Listed for sale 3 days ago
$ 250,000
ROI
28.3Cash Flow/m
596- 3 Bed
- 2 Bath
- 2299 sft
7034 Colorado Ave, Hammond, IN, 46323
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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