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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in North Manchester, IN
Currently Rented
Rental Income
Listed for sale 1 day ago
$ 129,900
ROI
28.0
Cash Flow/m
298- 2 Bed
- 1 Bath
- 832 sft
904 N Wayne St, North Manchester, IN, 46962
Listed for sale 1 day ago
$ 149,900
ROI
32.5Cash Flow/m
532- 3 Bed
- 2 Bath
- 1278 sft
203 S Half St, North Manchester, IN, 46962
$ 139,900
ROI
33.6Cash Flow/m
539- 3 Bed
- 1 Bath
- 1036 sft
305 W 5th St, North Manchester, IN, 46962
$ 194,900
ROI
28.1Cash Flow/m
452- 3 Bed
- 2 Bath
- 1696 sft
401 N Walnut St, North Manchester, IN, 46962
Why Invest in North Manchester, Indiana?
Investing in North Manchester provides opportunities to acquire properties under $200k, capitalizing on affordable housing demand. With an average rental yield of around 8% and strong cash flow potential, investors can benefit from this growing market. The average rent and property appreciation are favorable, making it an appealing choice for real estate ventures.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
You can find single-family homes, duplexes, and some small multifamily units under $200k in North Manchester. These properties are ideal for both new investors and those looking to expand their portfolios.
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