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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
23.7
Cash 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
28.0
Cash Flow/m
298- 2 Bed
- 1 Bath
- 832 sft
904 N Wayne St, North Manchester, IN, 46962

$ 149,900
ROI
32.5
Cash 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 offers promising opportunities, especially for properties under $500k. With a solid rental yield and an average cash flow that attracts savvy investors, the area is ideal for those looking to capitalize on affordable housing options. The market exhibits a steady appreciation trend, making it a favorable choice for long-term investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in North Manchester is approximately $1,200. This figure can vary based on property type and location within the area.
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