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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Mitchell, IN
Listed for sale 2 days ago
$ 299,900
ROI
22.2
Cash Flow/m
206- 3 Bed
- 2 Bath
- 1536 sft
857 Sportsman Club Rd, Mitchell, IN, 47446
Listed for sale 4 days ago
$ 165,000
ROI
31.6Cash Flow/m
542- 2 Bed
- 1 Bath
- 1180 sft
1556 Rabbitsville Rd, Mitchell, IN, 47446
Listed for sale 7 days ago
$ 200,000
ROI
30.6Cash Flow/m
603- 6 Bed
- 2 Bath
- 2640 sft
622 W Grissom Ave, Mitchell, IN, 47446
$ 269,900
ROI
21.7Cash Flow/m
146- 3 Bed
- 2 Bath
- 1316 sft
1627 S Meridian Rd, Mitchell, IN, 47446
Why Invest in Mitchell, Indiana?
Investing in properties under $300K in Indiana can provide excellent opportunities for growth. With competitive rental yields and a favorable market for first-time buyers, investors can benefit from stable cash flow and potential appreciation. Indiana's cost of living remains low, making it attractive for renters seeking affordability.
8%
Avg. ROI
10.5%
Rental Yield
7.2%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Investing in Indiana offers low entry costs and a growing rental market, making it ideal for new investors. The state also has a diverse economy with many employment opportunities.
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