Under $500K Investment Properties for Sale in Richmond, IN

Property at 391 Greenbrier Dr, Richmond, IN
Listed for sale 1 day ago
$ 214,900
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign336
  • 3 Bed
  • 2 Bath
  • 1504 sft
391 Greenbrier Dr, Richmond, IN, 47374
Property at 2430 Birch Dr, Richmond, IN
Listed for sale 1 day ago
$ 210,000
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign117
  • 3 Bed
  • 2 Bath
  • 1328 sft
2430 Birch Dr, Richmond, IN, 47374
Property at 3611 National Rd W, Richmond, IN
Listed for sale 1 day ago
$ 119,000
ROI
31.0ROI percentage
Cash Flow/m
Dollar sign372
  • 2 Bed
  • 1 Bath
  • 1036 sft
3611 National Rd W, Richmond, IN, 47374
Property at 3322 Partridge Ln, Richmond, IN
Listed for sale 1 day ago
$ 369,000
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign610
  • 4 Bed
  • 4 Bath
  • 3011 sft
3322 Partridge Ln, Richmond, IN, 47374

Why Invest in Richmond, Indiana?

Investing in Richmond, Indiana, provides a unique opportunity to acquire properties under $500k. With an average ROI of 7% and rental yields around 6%, Richmond presents an attractive market for new investors. The region offers a mix of affordable housing and a favorable appreciation rate, making it ideal for long-term investment.

7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental price in Richmond is approximately $1,000 per month. This makes it accessible for a variety of tenants, including families and young professionals.

Find Your Perfect Investment Property in Richmond, Indiana

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