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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
$ 239,900
ROI
24.4
Cash Flow/m
308- 3 Bed
- 2 Bath
- 1504 sft
716 W Oak St, Mitchell, IN, 47446
Listed for sale 4 days ago
$ 115,000
ROI
26.5Cash Flow/m
217- 2 Bed
- 1 Bath
- 1200 sft
212 W Grissom Ave, Mitchell, IN, 47446
Listed for sale 5 days ago
$ 235,000
ROI
25.9Cash Flow/m
403- 3 Bed
- 3 Bath
- 2212 sft
108 Gun Club Rd, Mitchell, IN, 47446
$ 154,900
ROI
30.6Cash Flow/m
469- 4 Bed
- 1 Bath
- 1008 sft
1115 N 9th 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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