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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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?
Investing in Pennville, Indiana, provides a unique opportunity for purchasing properties under $500,000. With a growing demand and reasonable housing prices, investors can expect a favorable rental yield and positive cash flow. The local housing market remains stable, facilitating long-term appreciation and renter occupancy rates.
12%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
In Pennville, you can find a variety of single-family homes and investment properties under $500,000. The market caters to both first-time buyers and seasoned investors.
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