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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Otterbein, IN
Currently Rented
Fix & Flip
Rental Income
+ 1 more
$ 120,000
ROI
25.4
Cash Flow/m
190- 4 Bed
- 1 Bath
- 1460 sft
404 N Meadow St, Otterbein, IN, 47970
$ 275,000
ROI
25.3Cash Flow/m
424- 4 Bed
- 2 Bath
- 1836 sft
614 S Brown St, Otterbein, IN, 47970
$ 225,000
ROI
27.3Cash Flow/m
473- 4 Bed
- 1 Bath
- 1426 sft
515 W Oxford St, Otterbein, IN, 47970
$ 259,900
ROI
20.5Cash Flow/m
53- 3 Bed
- 2 Bath
- 1785 sft
409 E Briar St, Otterbein, IN, 47970
Why Invest in Otterbein, Indiana?
Investing in Otterbein, IN offers a unique opportunity to acquire properties under $500,000, ideal for first-time investors. With a favorable rental market, the area boasts a competitive rental yield and strong appreciation potential. Take advantage of the region's affordable housing options and growing community.
12.5%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Otterbein is around $1,200 per month, making it an attractive option for rental investors.
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