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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
$ 210,000
ROI
24.0
Cash Flow/m
249- 3 Bed
- 2 Bath
- 1008 sft
7424 McCook Ave, Hammond, IN, 46323
Listed for sale 3 days ago
$ 185,000
ROI
31.9Cash Flow/m
627- 6 Bed
- 3 Bath
- - sft
43 Carroll St, Hammond, IN, 46320
Listed for sale 3 days ago
$ 224,999
ROI
23.8Cash Flow/m
252- 3 Bed
- 2 Bath
- 1940 sft
1045 177th Pl, Hammond, IN, 46324
Motivated Seller
Listed for sale 3 days ago
$ 182,100
ROI
25.4Cash Flow/m
288- 3 Bed
- 1 Bath
- 1534 sft
6932 Schneider 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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