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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Monon, IN

Listed for sale 4 days ago
$ 239,000
ROI
25.9
Cash Flow/m
406- 5 Bed
- 1 Bath
- 1968 sft
766 W Park Rd, Monon, IN, 47959

$ 149,900
ROI
31.7
Cash Flow/m
499- 3 Bed
- 1 Bath
- 1118 sft
312 N Arch St, Monon, IN, 47959

$ 379,900
ROI
21.6
Cash Flow/m
196- 3 Bed
- 3 Bath
- 2330 sft
2600 E 1100 N, Monon, IN, 47959

$ 199,000
ROI
28.6
Cash Flow/m
491- 2 Bed
- 2 Bath
- 1344 sft
407 N Dorothy St, Monon, IN, 47959
Why Invest in Monon, Indiana?
Investing in the Monon, Indiana area offers promising opportunities for properties under $500k. With a rental yield averaging around 7% and a stable appreciation rate of 3% annually, real estate in this region is positioned for growth. The average cash flow from rentals sits at approximately $250, making it attractive for new investors.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Monon is approximately $1,200 per month, which reflects the demand for housing in the area.
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