Under $300K Investment Properties for Sale in Mitchell, IN

Property at 190 Tv Tower Rd, Mitchell, IN
$ 298,900
ROI
29.0ROI percentage
Cash Flow/m
Dollar sign773
  • 3 Bed
  • 2 Bath
  • 3024 sft
190 Tv Tower Rd, Mitchell, IN, 47446
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 307 N 2nd St, Mitchell, IN
$ 210,000
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign179
  • 3 Bed
  • 2 Bath
  • 1280 sft
307 N 2nd St, 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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