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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Richmond, IN
Currently Rented
Rental Income
Listed for sale 5 days ago
$ 119,900
ROI
31.6
Cash Flow/m
395- 4 Bed
- 3 Bath
- 2328 sft
707 W Main St, Richmond, IN, 47374
Rental Income
$ 109,000
ROI
37.4Cash Flow/m
535- 4 Bed
- 3 Bath
- 2160 sft
705 S 12th St, Richmond, IN, 47374
Rental Income
$ 239,900
ROI
39.3Cash Flow/m
1308- 6 Bed
- 6 Bath
- 4578 sft
117 N 13th St, Richmond, IN, 47374
Currently Rented
Fix & Flip
Rental Income
$ 165,000
ROI
35.3Cash Flow/m
716- 5 Bed
- 4 Bath
- 3010 sft
500 S 10th St, Richmond, IN, 47374
Why Invest in Richmond, Indiana?
Investing in multifamily properties in Indiana can be a lucrative opportunity. With a strong rental demand and a stable economic environment, Richmond's market offers excellent potential for cash flow and appreciation. Investors can expect solid returns driven by the increasing rental rates and a favorable cap rate landscape.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield for multifamily properties in Richmond is around 8%. This figure can vary based on specific property conditions and management strategies.
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