Investment Properties Under $200K in Mitchell, IN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Mitchell, IN

Property at 960 Stevens St, Mitchell, IN
$ 135,000
ROI
26.7ROI percentage
Cash Flow/m
Dollar sign260
  • 3 Bed
  • 1 Bath
  • 1464 sft
960 Stevens St, Mitchell, IN, 47446
Property at 607 W Warren St UNIT B, Mitchell, IN
$ 140,000
ROI
29.8ROI percentage
Cash Flow/m
Dollar sign392
  • 2 Bed
  • 1 Bath
  • 864 sft
607 W Warren St UNIT B, Mitchell, IN, 47446
Property at 308 W Brook St, Mitchell, IN
$ 169,900
ROI
31.6ROI percentage
Cash Flow/m
Dollar sign559
  • 3 Bed
  • 2 Bath
  • 1728 sft
308 W Brook St, Mitchell, IN, 47446
Property at 213 N 8th St, Mitchell, IN
$ 100,000
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign198
  • 3 Bed
  • 2 Bath
  • 1964 sft
213 N 8th St, Mitchell, IN, 47446

Why Invest in Mitchell, Indiana?

Investing in properties under $200k in Indiana provides an attractive opportunity for real estate investors. With a strong rental market characterized by high cash flow and reasonable operating expenses, Indiana is ideal for those looking for solid returns. The state boasts an appealing overview of property appreciation and favorable job growth that enhances rental demand.

8.5%
Avg. ROI
6.2%
Rental Yield
7.1%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.4%
1Y Appreciation

Frequently Asked Questions

The average home price in Indiana is currently around $180,000, making it an affordable market for many potential investors.

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