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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in North Vernon, IN
Listed for sale 4 days ago
$ 149,900
ROI
26.2
Cash Flow/m
270- 2 Bed
- 1 Bath
- 1248 sft
44 Long St, North Vernon, IN, 47265
$ 155,000
ROI
26.0Cash Flow/m
270- 3 Bed
- 2 Bath
- 988 sft
850 S Norkay St, North Vernon, IN, 47265
Fix & Flip
$ 115,000
ROI
26.7Cash Flow/m
222- 3 Bed
- 1 Bath
- 1428 sft
912 Buckeye Street, North Vernon, IN, 47265
$ 179,900
ROI
22.2Cash Flow/m
120- 3 Bed
- 2 Bath
- 1977 sft
423 S State St, North Vernon, IN, 47265
Why Invest in North Vernon, Indiana?
Investing in North Vernon, IN, particularly for properties under $200k, can provide a great opportunity for both new and seasoned investors. With a rental yield of around 8% and an average cash flow of $400 per month, the market offers attractive returns. Additionally, the area's cap rate hovers around 10%, making it a solid choice for real estate investment.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$400/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in North Vernon, particularly those valued under $200k, is approximately $800 per month. This makes it an attractive option for both renters and investors.
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