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

Property at 613 S Old Patoka Rd, Patoka, IN
Fix & Flip
Listed for sale 1 day ago
$ 150,000
ROI
32.7ROI percentage
Cash Flow/m
Dollar sign542
  • 3 Bed
  • 2 Bath
  • 1848 sft
613 S Old Patoka Rd, Patoka, IN, 47666
Property at 307 S Main St, Patoka, IN
$ 217,500
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign157
  • 3 Bed
  • 2 Bath
  • 2752 sft
307 S Main St, Patoka, IN, 47666
Property at 408 W Grave St, Patoka, IN
$ 176,900
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign100
  • 1 Bed
  • 2 Bath
  • 1026 sft
408 W Grave St, Patoka, IN, 47666
Property at 504 N Main St, Patoka, IN
$ 174,900
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign265
  • 3 Bed
  • 1 Bath
  • 1589 sft
504 N Main St, Patoka, IN, 47666

Why Invest in Patoka, Indiana?

Investing in Patoka, Indiana, offers an affordable opportunity with homes available under $500k. With a strong rental yield and stable appreciation rates, it is increasingly attracting savvy investors looking for growth. The area boasts desirable living conditions, contributing to a solid influx of residents and renters alike.

7%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.2%
1Y Appreciation

Frequently Asked Questions

The average home prices in Patoka are quite affordable, with many properties available under $500k, making it an attractive option for first-time buyers and investors.

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