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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 4 days ago
$ 190,000
ROI
26.6
Cash Flow/m
360- 4 Bed
- 2 Bath
- 1910 sft
253 SW 2nd St, Richmond, IN, 47374

Listed for sale 5 days ago
$ 124,900
ROI
29.5
Cash Flow/m
337- 2 Bed
- 1 Bath
- 884 sft
266 SW 1st St, Richmond, IN, 47374

Listed for sale 5 days ago
$ 134,900
ROI
30.6
Cash Flow/m
406- 3 Bed
- 1 Bath
- 1293 sft
631 S 6th St, Richmond, IN, 47374

Currently Rented
Rental Income
Listed for sale 5 days ago
$ 119,900
ROI
31.6
Cash Flow/m
395- 4 Bed
- 3 Bath
- 2328 sft
707 W Main 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.
Find Your Perfect Investment Property in Richmond, Indiana
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