Under $200K Investment Properties for Sale in Richmond, IN
Listed for sale 1 day ago
$ 119,000
ROI
31.0
Cash Flow/m
372- 2 Bed
- 1 Bath
- 1036 sft
3611 National Rd W, Richmond, IN, 47374
Listed for sale 3 days ago
$ 155,000
ROI
22.3Cash Flow/m
110- 2 Bed
- 1 Bath
- 1176 sft
1425 W Main St, Richmond, IN, 47374
Fix & Flip
Listed for sale 3 days ago
$ 192,000
ROI
22.9Cash Flow/m
167- 3 Bed
- 1 Bath
- 1856 sft
4689 E Whitewater Rd, Richmond, IN, 47374
Motivated Seller
Listed for sale 5 days ago
$ 139,900
ROI
24.1Cash Flow/m
171- 2 Bed
- 2 Bath
- 1040 sft
4228 Westwood Dr, Richmond, IN, 47374
Why Invest in Richmond, Indiana?
Investing in Richmond, Indiana offers a unique opportunity, especially for those looking to acquire properties under $200k. The city provides a favorable cap rate and average cash flow, making it an attractive option for budget-conscious investors seeking positive rental yields. Richmond has a steady rental market with a diverse economy that supports sustainable growth.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$1/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Richmond, Indiana is approximately $1,200 per month. This rate can vary based on the property type and its location within the city.
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