Investment Properties Under $300K in New Richmond, IN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in New Richmond, IN

Property at 305 S Franklin St S, New Richmond, IN
$ 226,900
ROI
31.2ROI percentage
Cash Flow/m
Dollar sign721
  • 4 Bed
  • 2 Bath
  • 2170 sft
305 S Franklin St S, New Richmond, IN, 47967
Property at 517 E Washington St, New Richmond, IN
$ 187,400
ROI
28.8ROI percentage
Cash Flow/m
Dollar sign472
  • 3 Bed
  • 1 Bath
  • 2168 sft
517 E Washington St, New Richmond, IN, 47967
Property at 330 E Washington St, New Richmond, IN
$ 180,000
ROI
34.2ROI percentage
Cash Flow/m
Dollar sign723
  • 3 Bed
  • 2 Bath
  • 1986 sft
330 E Washington St, New Richmond, IN, 47967
Property at 10926 N 350 W, New Richmond, IN
$ 249,900
ROI
28.7ROI percentage
Cash Flow/m
Dollar sign623
  • 4 Bed
  • 2 Bath
  • 1755 sft
10926 N 350 W, New Richmond, IN, 47967

Why Invest in New Richmond, Indiana?

Investing in New Richmond, Indiana opens doors to affordable properties under $300K, perfect for entry-level investors. The market has shown resilience with an average rental yield of 7% and a steady appreciation rate of 4%. Take advantage of a favorable job market and solid community growth, making it an appealing option for long-term investment.

10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental income in New Richmond is around $1,200 per month, making it an attractive area for landlords seeking reliable cash flow.

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