Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
25.9Cash Flow/m
441- 3 Bed
- 2 Bath
- 1988 sft
7511 Idaho Ave, Hammond, IN, 46323
Listed for sale 1 day ago
$ 310,000
ROI
29.0Cash Flow/m
794- 3 Bed
- 2 Bath
- 1560 sft
6739 Ontario Ave, Hammond, IN, 46323
Listed for sale 2 days ago
$ 199,000
ROI
25.8Cash Flow/m
333- 3 Bed
- 2 Bath
- 1320 sft
6139 Marshall 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.
Find Your Perfect Investment Property in Hammond, Indiana
Explore investment opportunities by strategy, performance, or property type
