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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in North Vernon, IN
Listed for sale 1 day ago
$ 159,900
ROI
25.2
Cash Flow/m
240- 3 Bed
- 1 Bath
- 1215 sft
201 Myrtle St, North Vernon, IN, 47265
Listed for sale 2 days ago
$ 229,900
ROI
30.5Cash Flow/m
685- 5 Bed
- 2 Bath
- 2184 sft
1860 E Deb Drive, North Vernon, IN, 47265
Fix & Flip
Listed for sale 7 days ago
$ 119,900
ROI
26.3Cash Flow/m
219- 3 Bed
- 2 Bath
- 2784 sft
6425 W Todd Ct, North Vernon, IN, 47265
$ 184,900
ROI
20.9Cash Flow/m
60- 2 Bed
- 2 Bath
- 952 sft
1860 E Us Highway 50, North Vernon, IN, 47265
Why Invest in North Vernon, Indiana?
Investing in North Vernon, Indiana, particularly for properties under $500K, offers a unique opportunity for growth. The city has seen a steady rise in rental demand, with an average rental yield of around 7%, making it an attractive market for investors. With its affordable price point and potential for appreciation, North Vernon presents a compelling case for both seasoned and new investors.
10%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
North Vernon offers a range of properties under $500K, including single-family homes and duplexes. Investors can find options that cater to both long-term rentals and quick sales.
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