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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

Fix & Flip
Listed for sale 3 days ago
$ 133,000
ROI
25.8
Cash Flow/m
223- 3 Bed
- 2 Bath
- 1288 sft
8106 Us Highway 50 W, Mitchell, IN, 47446

Listed for sale 7 days ago
$ 122,900
ROI
26.6
Cash Flow/m
234- 3 Bed
- 2 Bath
- 1200 sft
324 W Grissom Ave, Mitchell, IN, 47446

$ 169,900
ROI
27.9
Cash Flow/m
385- 3 Bed
- 1 Bath
- 1146 sft
623 W Grissom Ave, Mitchell, IN, 47446

$ 199,900
ROI
32.0
Cash Flow/m
682- 3 Bed
- 2 Bath
- 1512 sft
914 Orchard Street, 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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