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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Roanoke, IN

$ 299,900
ROI
20.2
Cash Flow/m
38- 3 Bed
- 3 Bath
- 1424 sft
484 Lowry Way, Roanoke, IN, 46783

$ 249,900
ROI
31.5
Cash Flow/m
815- 2 Bed
- 2 Bath
- 1465 sft
417 Gene Dr, Roanoke, IN, 46783

$ 265,000
ROI
28.5
Cash Flow/m
645- 2 Bed
- 2 Bath
- 1201 sft
415 Gene Dr, Roanoke, IN, 46783

$ 240,000
ROI
23.6
Cash Flow/m
256- 3 Bed
- 2 Bath
- 1668 sft
161 W 4th St, 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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