Investment Properties Under $500K in Monon, IN | Ziffy.ai
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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

Property at 309 N Spruce St, Monon, IN
Listed for sale 3 days ago
$ 124,900
ROI
33.8ROI percentage
Cash Flow/m
Dollar sign490
  • 3 Bed
  • 1 Bath
  • 1014 sft
309 N Spruce St, Monon, IN, 47959
Property at 10148 S 210 E, Monon, IN
$ 251,000
ROI
32.2ROI percentage
Cash Flow/m
Dollar sign866
  • 3 Bed
  • 2 Bath
  • 1248 sft
10148 S 210 E, Monon, IN, 47959
Property at 614 N Arch St, Monon, IN
$ 275,000
ROI
32.7ROI percentage
Cash Flow/m
Dollar sign993
  • 4 Bed
  • 3 Bath
  • 3533 sft
614 N Arch St, Monon, IN, 47959
Property at 512 E 4th St, Monon, IN
$ 220,000
ROI
26.4ROI percentage
Cash Flow/m
Dollar sign404
  • 3 Bed
  • 2 Bath
  • 1742 sft
512 E 4th 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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