Under $500K 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 766 W Park Rd, Monon, IN
$ 239,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign406
  • 5 Bed
  • 1 Bath
  • 1968 sft
766 W Park Rd, 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

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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