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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 properties under $500k in Hammond, IN, offers a promising avenue for both new and seasoned investors. With an average rental yield of 6.5% and a cap rate of 8.1%, this city showcases robust potential for cash flow generation. The increasing population and job growth further bolster its attractiveness as a viable investment location.
12%
Avg. ROI
6.5%
Rental Yield
8.1%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Hammond, IN, is currently around $200,000, making it an affordable market for both first-time buyers and seasoned investors.
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