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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
Fix & Flip
Listed for sale 2 days ago
$ 179,500
ROI
33.0
Cash Flow/m
661- 2 Bed
- 1 Bath
- 2150 sft
7327 Monroe Ave, Hammond, IN, 46324
Fix & Flip
Listed for sale 3 days ago
$ 160,000
ROI
25.2Cash Flow/m
244- 3 Bed
- 1 Bath
- 1369 sft
3352 Kenwood St, Hammond, IN, 46323
Fix & Flip
Listed for sale 3 days ago
$ 176,900
ROI
27.0Cash Flow/m
358- 2 Bed
- 2 Bath
- 1469 sft
233 Oakwood St, Hammond, IN, 46324
Listed for sale 4 days ago
$ 200,000
ROI
22.2Cash Flow/m
134- 3 Bed
- 1 Bath
- 1125 sft
6333 Monroe Ave, Hammond, IN, 46324
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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