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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

Listed for sale 4 days ago
$ 115,000
ROI
26.5
Cash Flow/m
217- 2 Bed
- 1 Bath
- 1200 sft
212 W Grissom Ave, Mitchell, IN, 47446

$ 154,900
ROI
30.6
Cash Flow/m
469- 4 Bed
- 1 Bath
- 1008 sft
1115 N 9th St, Mitchell, IN, 47446

$ 179,900
ROI
26.8
Cash Flow/m
350- 4 Bed
- 2 Bath
- 1620 sft
425 Dale St, Mitchell, IN, 47446

$ 155,000
ROI
31.6
Cash Flow/m
510- 3 Bed
- 1 Bath
- 2448 sft
328 Wells Ave, 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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