Under $500K Investment Properties for Sale in Hobart, IN

Property at 1168 Capitol Dr, Hobart, IN
Listed for sale 3 days ago
$ 349,000
ROI
27.6ROI percentage
Cash Flow/m
Dollar sign766
  • 3 Bed
  • 3 Bath
  • 1787 sft
1168 Capitol Dr, Hobart, IN, 46342
Property at 215 N Linda St, Hobart, IN
Listed for sale 4 days ago
$ 239,900
ROI
27.9ROI percentage
Cash Flow/m
Dollar sign541
  • 2 Bed
  • 2 Bath
  • 1176 sft
215 N Linda St, Hobart, IN, 46342
Property at 726 Cinnamon Teal Ct, Hobart, IN
Fix & Flip
Listed for sale 5 days ago
$ 424,900
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign56
  • 3 Bed
  • 3 Bath
  • 2450 sft
726 Cinnamon Teal Ct, Hobart, IN, 46342
Property at 1242 W 1st Pl, Hobart, IN
Listed for sale 6 days ago
$ 170,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign292
  • 3 Bed
  • 1 Bath
  • 875 sft
1242 W 1st Pl, Hobart, IN, 46342

Why Invest in Hobart, Indiana?

Investing in Hobart, IN, provides an opportunity to tap into affordable real estate options under $500k. With an average rental yield of around 6%, this city is an attractive market for both new and seasoned investors seeking solid returns.

10%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent in Hobart is approximately $1,200 per month, making it an attractive option for renters compared to neighboring areas.

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