Under $200K Investment Properties for Sale in Patoka, IN

Fix & Flip
Listed for sale 1 day ago
$ 150,000
ROI
32.7
Cash Flow/m
542- 3 Bed
- 2 Bath
- 1848 sft
613 S Old Patoka Rd, Patoka, IN, 47666

$ 176,900
ROI
21.8
Cash Flow/m
100- 1 Bed
- 2 Bath
- 1026 sft
408 W Grave St, Patoka, IN, 47666

$ 174,900
ROI
25.2
Cash Flow/m
265- 3 Bed
- 1 Bath
- 1589 sft
504 N Main St, Patoka, IN, 47666

$ 112,000
ROI
26.1
Cash Flow/m
199- 3 Bed
- 2 Bath
- 2192 sft
108 S Main St, Patoka, IN, 47666
Why Invest in Patoka, Indiana?
Investing in Patoka, Indiana, can provide opportunities for properties under $200k, appealing to budget-conscious investors. With an average rental yield of 6% and a steady appreciation rate of 3%, the market shows promise for generating positive cash flow. The area boasts a strong renter-occupied rate of 70%, indicating a robust demand for rental housing.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Patoka is approximately $900 per month, offering affordable options for many residents.
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