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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Pennville, IN
$ 145,400
ROI
50.1
Cash Flow/m
1228- 3 Bed
- 2 Bath
- 2072 sft
10865 W Balbec Rd, Pennville, IN, 47369
$ 173,684
ROI
22.5Cash Flow/m
131- 3 Bed
- 1 Bath
- 1500 sft
10525 W 600 N, Pennville, IN, 47369
$ 184,000
ROI
22.7Cash Flow/m
151- 4 Bed
- 2 Bath
- 2280 sft
310 S Broadway St, Pennville, IN, 47369
$ 206,000
ROI
22.2Cash Flow/m
142- 3 Bed
- 2 Bath
- 1056 sft
305 E Max Dr, Pennville, IN, 47369
Why Invest in Pennville, Indiana?
Pennville, IN presents an intriguing investment opportunity with its affordable properties and a stable rental market. As the state shows a healthy appreciation rate of around 4% and a rental yield of approximately 6%, investors can expect solid returns. With a cap rate hovering around 8%, this area is ideal for those looking to maximize their cash flow.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$800/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Pennville is around $1,000 per month, which offers good value for investors and renters alike.
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