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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 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 1 day ago
$ 259,900
ROI
25.9
Cash Flow/m
441- 3 Bed
- 2 Bath
- 1988 sft
7511 Idaho Ave, Hammond, IN, 46323

Listed for sale 2 days ago
$ 199,000
ROI
25.8
Cash Flow/m
333- 3 Bed
- 2 Bath
- 1320 sft
6139 Marshall Ave, Hammond, IN, 46323

Listed for sale 2 days ago
$ 264,900
ROI
21.6
Cash Flow/m
139- 3 Bed
- 2 Bath
- 1652 sft
1105 Truman St, Hammond, IN, 46320
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.
Find Your Perfect Investment Property in Hammond, Indiana
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