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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in North Manchester, IN
$ 285,000
ROI
24.6
Cash Flow/m
387- 3 Bed
- 3 Bath
- 2824 sft
403 N Wayne St, North Manchester, IN, 46962
$ 199,900
ROI
23.7Cash Flow/m
220- 3 Bed
- 2 Bath
- 1296 sft
1192 E State Road 13, North Manchester, IN, 46962
Currently Rented
Rental Income
$ 129,900
ROI
28.0Cash Flow/m
298- 2 Bed
- 1 Bath
- 832 sft
904 N Wayne St, North Manchester, IN, 46962
$ 149,900
ROI
32.5Cash Flow/m
532- 3 Bed
- 2 Bath
- 1278 sft
203 S Half St, North Manchester, IN, 46962
Why Invest in North Manchester, Indiana?
Investing in North Manchester, IN, particularly in properties under $300k, presents an excellent opportunity for real estate investors. With an average rental yield of 7% and a solid cap rate of 8%, this area attracts both homeowners and renters alike. The local economy supports a healthy employment growth rate, making North Manchester an appealing choice for long-term investments.
12%
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 rent in North Manchester is around $1,200 per month, making it affordable for many residents. This is indicative of the strong rental market in the area.
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