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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Hobart, IN
Listed for sale 5 days ago
$ 179,900
ROI
25.3
Cash Flow/m
277- 2 Bed
- 2 Bath
- 1040 sft
805 Main St, Hobart, IN, 46342
Fix & Flip
Listed for sale 5 days ago
$ 150,000
ROI
26.3Cash Flow/m
274- 4 Bed
- 1 Bath
- 1628 sft
260 N Ohio St, Hobart, IN, 46342
Fix & Flip
Listed for sale 6 days ago
$ 149,900
ROI
26.5Cash Flow/m
283- 2 Bed
- 1 Bath
- 780 sft
910 E 6th St, Hobart, IN, 46342
Listed for sale 6 days ago
$ 199,000
ROI
26.5Cash Flow/m
370- 3 Bed
- 1 Bath
- 1092 sft
92 N County Line Rd, Hobart, IN, 46342
Why Invest in Hobart, Indiana?
Investing in homes under $200k in Indiana offers great potential, especially given the low property prices relative to national averages. With local economies showing signs of growth and stability, investors can enjoy favorable conditions. Properties in this price range often yield a strong rental return and attract a diverse tenant base, making them a strategic choice for first-time investors.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investing in properties under $200k in Indiana provides affordable entry points for investors and competitive rental yields. Additionally, the state's growing economy enhances the long-term stability and appreciation potential of such properties.
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