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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

Listed for sale 2 days ago
$ 229,900
ROI
20.9
Cash Flow/m
74- 4 Bed
- 2 Bath
- 2112 sft
110 E Andrews St, Monroe, IN, 46772

$ 239,000
ROI
26.5
Cash Flow/m
447- 3 Bed
- 2 Bath
- 1968 sft
206 W Jackson St, Monroe, IN, 46772

$ 330,000
ROI
20.5
Cash Flow/m
72- 4 Bed
- 3 Bath
- 3000 sft
425 S Adams St, Monroe, IN, 46772

$ 199,900
ROI
25.6
Cash Flow/m
323- 3 Bed
- 2 Bath
- 1668 sft
210 E 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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