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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 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
$ 299,900
ROI
21.6Cash Flow/m
151- 4 Bed
- 3 Bath
- 1940 sft
2220 Parkdale Dr, 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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