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

Listed for sale 1 day ago
$ 179,900
ROI
26.0
Cash Flow/m
310- 3 Bed
- 1 Bath
- 1032 sft
513 Willow Dr, Shelbyville, IN, 46176

Listed for sale 5 days ago
$ 229,900
ROI
29.1
Cash Flow/m
599- 3 Bed
- 2 Bath
- 1259 sft
2140 S Fairview Dr, Shelbyville, IN, 46176

Listed for sale 5 days ago
$ 237,000
ROI
29.7
Cash Flow/m
657- 4 Bed
- 3 Bath
- 4993 sft
1120 Central Park Dr, Shelbyville, IN, 46176

Listed for sale 6 days ago
$ 135,000
ROI
26.2
Cash Flow/m
241- 3 Bed
- 1 Bath
- 1420 sft
637 W Franklin St, Shelbyville, IN, 46176
Why Invest in Shelbyville, Indiana?
Investing in Shelbyville, Indiana, offers opportunities for properties under $500k, appealing to a diverse range of investors. With a stable rental market and an average rental yield of around 7%, this area showcases strong potential for positive cash flow. The city's relatively low property prices combined with an appreciation rate of 4% make it a promising location for investment growth.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Shelbyville, you can discover a variety of single-family homes, family-friendly duplexes, and starter investment properties, all priced under $500k. This range caters well to both new and seasoned investors.
Find Your Perfect Investment Property in Shelbyville, Indiana
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