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

Property at 103 W Vine St, Mitchell, IN
$ 199,900
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign398
  • 3 Bed
  • 2 Bath
  • 1813 sft
103 W Vine St, Mitchell, IN, 47446
Property at 613 S 9th St, Mitchell, IN
$ 190,000
ROI
28.2ROI percentage
Cash Flow/m
Dollar sign445
  • 2 Bed
  • 2 Bath
  • 1176 sft
613 S 9th St, Mitchell, IN, 47446
Property at 1010 W Grissom Ave, Mitchell, IN
$ 189,900
ROI
30.8ROI percentage
Cash Flow/m
Dollar sign581
  • 2 Bed
  • 2 Bath
  • 1260 sft
1010 W Grissom Ave, Mitchell, IN, 47446
Property at 449 N 7th St, Mitchell, IN
$ 180,000
ROI
30.4ROI percentage
Cash Flow/m
Dollar sign533
  • 3 Bed
  • 1 Bath
  • 1198 sft
449 N 7th 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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