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

Listed for sale today
$ 149,900
ROI
29.9
Cash Flow/m
421- 2 Bed
- 1 Bath
- 720 sft
4253 S Lakeshore Dr, Mentone, IN, 46539

Listed for sale 7 days ago
$ 195,000
ROI
30.3
Cash Flow/m
569- 3 Bed
- 1 Bath
- 1684 sft
211 N Franklin St, Mentone, IN, 46539

$ 235,000
ROI
32.2
Cash Flow/m
814- 4 Bed
- 3 Bath
- 2230 sft
211 N Morgan St, Mentone, IN, 46539

$ 158,000
ROI
29.6
Cash Flow/m
433- 2 Bed
- 2 Bath
- 944 sft
210 N Tucker St, Mentone, IN, 46539
Why Invest in Mentone, Indiana?
Investing in Mentone, Indiana offers promising opportunities, especially for budget-conscious investors looking for properties under $500k. With a strong local economy and a growing rental market, investors can expect favorable returns. The average ROI is competitive, supported by a rental yield of over 8% and an appreciation rate of around 4%.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Mentone, you can find a variety of properties under $500k, with average home prices around $300k. This provides an accessible entry point for property investors.
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