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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Monroe, IN
$ 338,300
ROI
24.3
Cash Flow/m
429- 4 Bed
- 3 Bath
- 3072 sft
102 S Van Buren St, Monroe, IN, 46772
$ 130,000
ROI
48.6Cash Flow/m
1044- 3 Bed
- 2 Bath
- 1724 sft
229 W Jackson St, Monroe, IN, 46772
$ 290,000
ROI
24.2Cash Flow/m
356- 3 Bed
- 2 Bath
- 1752 sft
239 Harvest Ln, Monroe, IN, 46772
$ 139,900
ROI
29.4Cash Flow/m
373- 3 Bed
- 1 Bath
- 1092 sft
206 S Van Buren St, Monroe, IN, 46772
Why Invest in Monroe, Indiana?
Investing in Monroe, Indiana, offers a unique opportunity to acquire properties under $500k. As the local economy grows, investors can expect a solid return on investment with favorable metrics such as increasing rental yields and stable cash flow. The area is experiencing robust job growth and a healthy demand for rental properties.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Property tax rates in Monroe vary based on property type, but the average rate is approximately 1.2%. It's essential for investors to factor this into their calculations when assessing potential returns.
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