Under $300K Investment Properties for Sale in Roanoke, IN

Property at 132 W 8th St, Roanoke, IN
Listed for sale 3 days ago
$ 160,000
ROI
30.2ROI percentage
Cash Flow/m
Dollar sign465
  • 4 Bed
  • 1 Bath
  • 1491 sft
132 W 8th St, Roanoke, IN, 46783
Property at 423 Gene Dr, Roanoke, IN
$ 279,900
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign455
  • 2 Bed
  • 2 Bath
  • 1498 sft
423 Gene Dr, Roanoke, IN, 46783
Property at 464 S High St, Roanoke, IN
$ 206,500
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign183
  • 2 Bed
  • 2 Bath
  • 1575 sft
464 S High St, Roanoke, IN, 46783
Property at 11017 La Fortuna Way, Roanoke, IN
$ 245,000
ROI
30.3ROI percentage
Cash Flow/m
Dollar sign716
  • 3 Bed
  • 2 Bath
  • 1531 sft
11017 La Fortuna Way, Roanoke, IN, 46783

Why Invest in Roanoke, Indiana?

Investing in Roanoke, Indiana, offers opportunities for affordable properties under $300K. With a steady appreciation rate and strong rental yields, this area is ideal for investors looking for sustainable income and growth. The market is bolstered by a healthy mix of local employment opportunities and increasing demand for rentals.

8.5%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rent in Roanoke is around $1,200 per month, which is appealing for both renters and investors looking for positive cash flow.

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