Under $500K Investment Properties for Sale in Monroe, IN
$ 389,000
ROI
21.4
Cash Flow/m
181- 4 Bed
- 4 Bath
- 3308 sft
226 Harvest Ln, Monroe, IN, 46772
$ 194,900
ROI
24.9Cash Flow/m
277- 3 Bed
- 2 Bath
- 1794 sft
209 E Jackson St, Monroe, IN, 46772
$ 229,900
ROI
20.9Cash Flow/m
74- 4 Bed
- 2 Bath
- 2112 sft
110 E Andrews St, Monroe, IN, 46772
$ 239,000
ROI
26.5Cash Flow/m
447- 3 Bed
- 2 Bath
- 1968 sft
206 W Jackson 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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