Under $500K 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 $500k in Indiana presents competitive advantages for real estate investors. The market boasts an average cash flow supported by strong rental yields, making it an attractive option for building an investment portfolio. Indiana's diverse economy and favorable cost of living further enhance its appeal, ensuring good returns for investors.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Indiana is approximately 6%, making it a favorable market for future investment.

Find Your Perfect Investment Property in Mitchell, Indiana

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Mitchell, IN
Fix and Flip Properties in Mitchell, IN
Short-Term Rental Properties in Mitchell, IN
AI