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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Rensselaer, IN

Fix & Flip
$ 104,900
ROI
25.3
Cash Flow/m
162- 2 Bed
- 1 Bath
- 824 sft
509 N Cullen St, Rensselaer, IN, 47978

$ 149,900
ROI
26.6
Cash Flow/m
285- 3 Bed
- 2 Bath
- 1321 sft
710 W Charles St, Rensselaer, IN, 47978

$ 169,900
ROI
24.4
Cash Flow/m
221- 4 Bed
- 2 Bath
- - sft
801 N Matheson Ave, Rensselaer, IN, 47978

Fix & Flip
$ 169,900
ROI
34.3
Cash Flow/m
689- 4 Bed
- 3 Bath
- - sft
720 N Jefferson St, Rensselaer, IN, 47978
Why Invest in Rensselaer, Indiana?
Investing in Rensselaer, Indiana is an attractive opportunity, especially for properties under $200k. The area shows a steady rental yield, making it ideal for both new and seasoned investors looking to expand their portfolio without the hefty price tags seen in larger cities. With a supportive community and an increasing number of employers, it's a prime location for investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Rensselaer is approximately 6%, making it a favorable market for rental property investors.
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