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

$ 226,900
ROI
31.2
Cash Flow/m
721- 4 Bed
- 2 Bath
- 2170 sft
305 S Franklin St S, New Richmond, IN, 47967

$ 187,400
ROI
28.8
Cash Flow/m
472- 3 Bed
- 1 Bath
- 2168 sft
517 E Washington St, New Richmond, IN, 47967

$ 180,000
ROI
34.2
Cash Flow/m
723- 3 Bed
- 2 Bath
- 1986 sft
330 E Washington St, New Richmond, IN, 47967

$ 249,900
ROI
28.7
Cash Flow/m
623- 4 Bed
- 2 Bath
- 1755 sft
10926 N 350 W, New Richmond, IN, 47967
Why Invest in New Richmond, Indiana?
Investing in properties under $500k in New Richmond offers incredible opportunities for both seasoned investors and first-time buyers. With a growing rental demand and an appreciation rate of around 4%, this market showcases a strong potential for consistent cash flow. Additionally, the cap rate averages 6%, making it an attractive option for those looking to maximize their investment.
10%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In New Richmond, you can find a variety of properties under $500k, including single-family homes and small multifamily units. These options cater to both investors and families looking for affordable housing.
Find Your Perfect Investment Property in New Richmond, Indiana
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