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

Property at 513 S Main St, Otterbein, IN
Listed for sale 6 days ago
$ 225,000
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign406
  • 3 Bed
  • 2 Bath
  • 1448 sft
513 S Main St, Otterbein, IN, 47970
Property at 502 W Darby Dr, Otterbein, IN
$ 195,000
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign280
  • 3 Bed
  • 1 Bath
  • 1014 sft
502 W Darby Dr, Otterbein, IN, 47970
Property at 415 E Briar St, Otterbein, IN
$ 250,000
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign500
  • 3 Bed
  • 1 Bath
  • 1274 sft
415 E Briar St, Otterbein, IN, 47970
Property at 404 N Meadow St, Otterbein, IN
Currently Rented
Fix & Flip
Rental Income
$ 120,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign190
  • 4 Bed
  • 1 Bath
  • 1460 sft
404 N Meadow 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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