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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Hanover, IN

Listed for sale 1 day ago
$ 339,000
ROI
24.2
Cash Flow/m
420- 3 Bed
- 3 Bath
- 1883 sft
980 S Goldenrod Lane, Hanover, IN, 47243

Listed for sale 5 days ago
$ 265,000
ROI
33.6
Cash Flow/m
1018- 3 Bed
- 3 Bath
- 1615 sft
216 Smith Lane, Hanover, IN, 47243

Listed for sale 6 days ago
$ 194,000
ROI
25.2
Cash Flow/m
292- 2 Bed
- 1 Bath
- 1036 sft
15 Volz Dr, Hanover, IN, 47243

$ 279,900
ROI
24.4
Cash Flow/m
359- 3 Bed
- 2 Bath
- 1486 sft
137 Presbyterian Avenue, Hanover, IN, 47243
Why Invest in Hanover, Indiana?
Investing in Hanover, Indiana presents a compelling opportunity, especially for properties under $500k. With a strong rental yield and a population growth that outpaces many regions, this area is attracting savvy investors looking to maximize their returns. The average cash flow and cap rates are also favorable, making it an ideal location for those looking to build wealth incrementally.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Hanover is approximately $1,200 per month, making it an attractive option for renters and investors alike.
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