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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Richmond, IN
Listed for sale 1 day ago
$ 149,900
ROI
26.2
Cash Flow/m
268- 2 Bed
- 1 Bath
- 860 sft
809 NW C St, Richmond, IN, 47374
Listed for sale 2 days ago
$ 169,900
ROI
33.7Cash Flow/m
659- 3 Bed
- 2 Bath
- 1344 sft
1928 Valley Dr, Richmond, IN, 47374
Listed for sale 4 days ago
$ 105,000
ROI
26.9Cash Flow/m
208- 3 Bed
- 2 Bath
- 900 sft
1001 S 13th St, Richmond, IN, 47374
Listed for sale 6 days ago
$ 220,000
ROI
28.0Cash Flow/m
505- 3 Bed
- 2 Bath
- 2866 sft
430 Kinsey St, 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.
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