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

$ 124,000
ROI
27.1
Cash Flow/m
255- 2 Bed
- 2 Bath
- 1056 sft
151 S 47th St, Richmond, IN, 47374

$ 249,900
ROI
20.8
Cash Flow/m
71- 2 Bed
- 2 Bath
- 1492 sft
1115 University Blvd, Richmond, IN, 47374

$ 119,400
ROI
22.6
Cash Flow/m
94- 2 Bed
- 1 Bath
- 1150 sft
834 S 12th St, Richmond, IN, 47374

$ 107,000
ROI
28.4
Cash Flow/m
258- 2 Bed
- 1 Bath
- 1008 sft
327 N 10th St APT 18, Richmond, IN, 47374
Why Invest in Richmond, Indiana?
Investing in townhouses in Richmond, IN offers a unique opportunity due to the area's strong rental yield and growing market demand. The average rental yield is around 7%, making it an attractive option for investors seeking consistent cash flow. Additionally, with an appreciation rate of 3% and rising average rents, this market is primed for growth.
12.5%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price for townhouses in Richmond is about $1,200 per month, making it an affordable option for renters compared to larger cities.
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