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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Lapel, IN
$ 264,900
ROI
27.5
Cash Flow/m
569- 4 Bed
- 2 Bath
- 2224 sft
1216 Gwinn Ln, Lapel, IN, 46051
$ 119,900
ROI
26.0Cash Flow/m
208- 3 Bed
- 1 Bath
- 952 sft
108 W 5th St, Lapel, IN, 46051
Currently Rented
$ 149,900
ROI
35.4Cash Flow/m
651- 3 Bed
- 3 Bath
- - sft
629 Central Ave, Lapel, IN, 46051
$ 168,500
ROI
27.4Cash Flow/m
359- 2 Bed
- 1 Bath
- 800 sft
310 S Ford St, Lapel, IN, 46051
Why Invest in Lapel, Indiana?
Investing in Lapel, IN offers a unique opportunity for those targeting properties under $300k. With an affordable entry point, investors can benefit from a stable rental market and attractive appreciation rates. The local economy supports a growing job market, making it ideal for attracting tenants.
7%
Avg. ROI
9%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental price in Lapel, IN is approximately $1,200 per month, making it affordable for many renters in the area.
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