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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
$ 259,900
ROI
29.1
Cash Flow/m
673- 3 Bed
- 2 Bath
- 1796 sft
3207 Dorothy Ln, Richmond, IN, 47374

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

Fix & Flip
Listed for sale 5 days ago
$ 325,000
ROI
21.4
Cash Flow/m
145- 3 Bed
- 3 Bath
- 2128 sft
1552 Capri Ln, Richmond, IN, 47374

Listed for sale 6 days ago
$ 199,000
ROI
31.4
Cash Flow/m
645- 3 Bed
- 2 Bath
- 1901 sft
295 Earlham 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.
Find Your Perfect Investment Property in Richmond, Indiana
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