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

Listed for sale 2 days ago
$ 279,999
ROI
20.7
Cash Flow/m
72- 3 Bed
- 2 Bath
- 1208 sft
360 Hillside Ave, Roanoke, IN, 46783

Listed for sale 7 days ago
$ 324,900
ROI
22.8
Cash Flow/m
278- 3 Bed
- 3 Bath
- 1900 sft
11778 N Roanoke Rd, Roanoke, IN, 46783

$ 372,000
ROI
20.3
Cash Flow/m
58- 3 Bed
- 2 Bath
- 1451 sft
765 Waxwing Ct, Roanoke, IN, 46783

$ 424,900
ROI
20.8
Cash Flow/m
124- 3 Bed
- 2 Bath
- 1776 sft
722 Waxwing Ct, Roanoke, IN, 46783
Why Invest in Roanoke, Indiana?
Investing in Roanoke, IN, offers a unique opportunity to find properties under $500k with solid long-term growth potential. The region has shown an average rental yield of 6% and manageable vacancy rates, making it a great choice for investors. With a cap rate near 7% and an increasing number of rental properties, this market is positioned for stability.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investing in Roanoke, IN, offers a strong rental yield and stable appreciation rates, making it an attractive option for real estate investors. The community is growing, and with reasonable home prices, it's a smart move for long-term benefits.
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