Under $300K Investment Properties for Sale in Jonesboro, IN

Property at 207 E 9th St, Jonesboro, IN
Listed for sale 1 day ago
$ 135,000
ROI
26.8ROI percentage
Cash Flow/m
Dollar sign264
  • 2 Bed
  • 1 Bath
  • 780 sft
207 E 9th St, Jonesboro, IN, 46938
Property at 264 E 700 S, Jonesboro, IN
$ 229,900
ROI
20.9ROI percentage
Cash Flow/m
Dollar sign72
  • 3 Bed
  • 2 Bath
  • 1640 sft
264 E 700 S, Jonesboro, IN, 46938
Property at 1812 E 600 S, Jonesboro, IN
$ 205,000
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign338
  • 3 Bed
  • 2 Bath
  • 1406 sft
1812 E 600 S, Jonesboro, IN, 46938
Property at 800 S Main St, Jonesboro, IN
$ 139,900
ROI
26.2ROI percentage
Cash Flow/m
Dollar sign250
  • 3 Bed
  • 1 Bath
  • 1842 sft
800 S Main St, Jonesboro, IN, 46938

Why Invest in Jonesboro, Indiana?

Investing in Jonesboro, IN, offers a unique opportunity for those seeking affordable properties under $300K. With a favorable cap rate and a growing rental market, the potential for strong cash flow is significant. The area boasts a supportive community atmosphere, ideal for long-term investment growth.

7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

You can find a variety of property types including single-family homes, townhouses, and some multifamily units. The market caters well to both first-time buyers and investors looking for rental opportunities.

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