Investment Properties Under $200K in Pennville, IN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

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

Property at 10865 W Balbec Rd, Pennville, IN
$ 145,400
ROI
50.1ROI percentage
Cash Flow/m
Dollar sign1228
  • 3 Bed
  • 2 Bath
  • 2072 sft
10865 W Balbec Rd, Pennville, IN, 47369
Property at 10525 W 600 N, Pennville, IN
$ 173,684
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign131
  • 3 Bed
  • 1 Bath
  • 1500 sft
10525 W 600 N, Pennville, IN, 47369
Property at 310 S Broadway St, Pennville, IN
$ 184,000
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign151
  • 4 Bed
  • 2 Bath
  • 2280 sft
310 S Broadway St, Pennville, IN, 47369
Property at 2915 N State Road 1, Pennville, IN
$ 200,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign279
  • 3 Bed
  • 1 Bath
  • 1512 sft
2915 N State Road 1, Pennville, IN, 47369

Why Invest in Pennville, Indiana?

Investing in properties under $200k in Indiana can be lucrative, especially in places like Pennville. These affordable properties often yield strong rental demand due to the state's cost-effective living conditions and steady economic growth. Investors can benefit from competitive cap rates and a favorable appreciation forecast.

8%
Avg. ROI
6%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$800/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for properties in this price range is about $800 per month, making it an attractive option for renters looking for affordable housing.

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