Under $200K Investment Properties for Sale in Monon, IN

Property at 6748 N Apple Knob Dr, Monon, IN
$ 198,500
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign22
  • 2 Bed
  • 1 Bath
  • 1350 sft
6748 N Apple Knob Dr, Monon, IN, 47959
Property at 6561 N 300 E, Monon, IN
$ 170,000
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign147
  • 2 Bed
  • 1 Bath
  • 660 sft
6561 N 300 E, Monon, IN, 47959
Property at 312 N Arch St, Monon, IN
$ 149,900
ROI
31.7ROI percentage
Cash Flow/m
Dollar sign499
  • 3 Bed
  • 1 Bath
  • 1118 sft
312 N Arch St, Monon, IN, 47959
Property at 407 N Dorothy St, Monon, IN
$ 199,000
ROI
28.6ROI percentage
Cash Flow/m
Dollar sign491
  • 2 Bed
  • 2 Bath
  • 1344 sft
407 N Dorothy St, Monon, IN, 47959

Why Invest in Monon, Indiana?

Investing in Monon, IN, offers a unique opportunity for budget-conscious investors. With properties typically priced under $200k, investors can capitalize on affordable entry points in a growing market. The region boasts strong rental yields and a favorable demographic outlook, making it an ideal location for long-term investment.

8.5%
Avg. ROI
7%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

In Monon, you can find single-family homes, townhouses, and some multifamily units all priced under $200k. These properties often offer good potential for rental income.

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