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

$ 174,900
ROI
22.6
Cash Flow/m
141- 2 Bed
- 2 Bath
- 1390 sft
11425 W State Road 28, Redkey, IN, 47373

$ 169,000
ROI
26.4
Cash Flow/m
314- 5 Bed
- 2 Bath
- 2362 sft
40 N Sycamore St, Redkey, IN, 47373

$ 114,900
ROI
22.8
Cash Flow/m
97- 2 Bed
- 1 Bath
- 768 sft
80 N Sycamore St, Redkey, IN, 47373

Fix & Flip
$ 145,000
ROI
25.8
Cash Flow/m
242- 4 Bed
- 2 Bath
- 1986 sft
210 N Oak St, Redkey, IN, 47373
Why Invest in Redkey, Indiana?
Investing in properties under $500k in Indiana presents a unique opportunity for savvy investors. With a favorable average return on investment of around 8% and a rental yield of approximately 6%, the state's real estate market remains attractive for long-term growth. Indiana's relatively low entry prices combined with consistent demand for rental properties create a promising environment for generating cash flow.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Indiana, you can find a variety of properties under $500k including single-family homes, townhouses, and even some multifamily units depending on the location.
Find Your Perfect Investment Property in Redkey, Indiana
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