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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Richmond, IN
Listed for sale 3 days ago
$ 115,000
ROI
28.0
Cash Flow/m
265- 2 Bed
- 1 Bath
- 1416 sft
239 NW I St, Richmond, IN, 47374
Listed for sale 6 days ago
$ 190,000
ROI
29.5Cash Flow/m
518- 4 Bed
- 2 Bath
- 1696 sft
606 Northwood Dr, Richmond, IN, 47374
Fix & Flip
Listed for sale 7 days ago
$ 124,900
ROI
26.9Cash Flow/m
248- 3 Bed
- 2 Bath
- 1323 sft
4520 Blue Heron Dr, Richmond, IN, 47374
$ 104,000
ROI
26.4Cash Flow/m
192- 3 Bed
- 1 Bath
- 1600 sft
322 S 13th St, 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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