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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 4 days ago
$ 189,900
ROI
32.3
Cash Flow/m
661- 3 Bed
- 2 Bath
- 1394 sft
356 S 31st St, Richmond, IN, 47374
Listed for sale 6 days ago
$ 199,000
ROI
31.4Cash Flow/m
645- 3 Bed
- 2 Bath
- 1901 sft
295 Earlham Dr, Richmond, IN, 47374
Listed for sale 6 days ago
$ 179,900
ROI
24.4Cash Flow/m
230- 3 Bed
- 2 Bath
- 1168 sft
524 SW 17th St, Richmond, IN, 47374
Listed for sale 6 days ago
$ 130,000
ROI
32.7Cash Flow/m
466- 4 Bed
- 1 Bath
- 1560 sft
804 S 10th 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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