Under $500K Investment Properties for Sale in Odon, IN

Property at 508 W Elnora St, Odon, IN
$ 389,000
ROI
19.8ROI percentage
Cash Flow/m
Dollar sign5
  • 10 Bed
  • 5 Bath
  • 4748 sft
508 W Elnora St, Odon, IN, 47562
Property at 14027 N Us Highway 231, Odon, IN
$ 234,900
ROI
30.4ROI percentage
Cash Flow/m
Dollar sign698
  • 3 Bed
  • 2 Bath
  • 1120 sft
14027 N Us Highway 231, Odon, IN, 47562
Property at 16373 N 800 E, Odon, IN
$ 349,900
ROI
20.9ROI percentage
Cash Flow/m
Dollar sign114
  • 3 Bed
  • 2 Bath
  • 2116 sft
16373 N 800 E, Odon, IN, 47562
Property at 618 E Elnora St, Odon, IN
$ 299,500
ROI
27.3ROI percentage
Cash Flow/m
Dollar sign630
  • 4 Bed
  • 2 Bath
  • 1615 sft
618 E Elnora St, Odon, IN, 47562

Why Invest in Odon, Indiana?

Investing in real estate in Indiana under $500k offers promising opportunities. With a growing population and affordable housing options, Indiana presents a lucrative market for multifamily investments. The average rental yield is attractive, and the potential for appreciation makes it an intriguing option for investors.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

Indiana offers a combination of affordable housing, a growing economy, and a high rental yield, making it an attractive option for real estate investors.

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