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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
$ 284,900
ROI
25.4
Cash Flow/m
446- 3 Bed
- 3 Bath
- 1775 sft
2513 S J St, Richmond, IN, 47374
Listed for sale 1 day ago
$ 149,000
ROI
28.5Cash Flow/m
363- 3 Bed
- 1 Bath
- 1243 sft
1143 Hunt St, Richmond, IN, 47374
Listed for sale 1 day ago
$ 159,900
ROI
22.9Cash Flow/m
138- 3 Bed
- 1 Bath
- 1270 sft
105 SW 10th St, Richmond, IN, 47374
Listed for sale 4 days ago
$ 259,900
ROI
23.3Cash Flow/m
253- 3 Bed
- 2 Bath
- 1553 sft
2415 Vi Post Rd, 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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