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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Selma, IN
Listed for sale 5 days ago
$ 199,000
ROI
26.4
Cash Flow/m
365- 4 Bed
- 3 Bath
- 2520 sft
1111 N County Road 563 E, Selma, IN, 47383
$ 319,900
ROI
20.0Cash Flow/m
20- 3 Bed
- 2 Bath
- 1911 sft
210 N Pittenger Rd, Selma, IN, 47383
$ 199,500
ROI
26.3Cash Flow/m
362- 3 Bed
- 2 Bath
- 2246 sft
10215 E Muncie St, Selma, IN, 47383
$ 224,900
ROI
29.3Cash Flow/m
600- 3 Bed
- 2 Bath
- 1752 sft
12407 E County Road 125 S, Selma, IN, 47383
Why Invest in Selma, Indiana?
Investing in Selma, IN, particularly in single-family homes, offers promising returns thanks to the strong rental market. With favorable metrics indicating an average cap rate of 6.2% and a rental yield of 8.5%, it is an attractive opportunity for investors aiming for steady cash flow. As the local economy supports sustainable growth, this area sees a 3% annual appreciation rate, making it a wise choice for both new and seasoned investors.
15%
Avg. ROI
8.5%
Rental Yield
6.2%
Cap Rate
$350/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Currently, the average rent for single-family homes in Selma is around $800 per month. This competitive pricing makes it an appealing area for renters, boosting demand and occupancy rates.
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