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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Shelbyville, IN

Listed for sale 1 day ago
$ 165,000
ROI
27.5
Cash Flow/m
357- 2 Bed
- 1 Bath
- 1709 sft
321 W Mechanic St, Shelbyville, IN, 46176

Listed for sale 2 days ago
$ 174,900
ROI
25.9
Cash Flow/m
298- 2 Bed
- 1 Bath
- 1382 sft
723 1st St, Shelbyville, IN, 46176

Currently Rented
Fix & Flip
Listed for sale 2 days ago
$ 148,000
ROI
25.7
Cash Flow/m
244- 3 Bed
- 2 Bath
- 1320 sft
219 W Locust St, Shelbyville, IN, 46176

Listed for sale 2 days ago
$ 179,900
ROI
25.5
Cash Flow/m
286- 3 Bed
- 1 Bath
- 1132 sft
554 W Taylor St, Shelbyville, IN, 46176
Why Invest in Shelbyville, Indiana?
Investing in Shelbyville, Indiana, provides a unique opportunity, especially for properties under $200k. With a growing population and affordable housing prices, the area offers attractive rental yields and cash flow potential for investors.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Shelbyville offers affordable housing options, strong rental yields, and a growing economy. Investors can benefit from low property prices and a steady rental market.
Find Your Perfect Investment Property in Shelbyville, Indiana
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