Under $500K Investment Properties for Sale in Shelbyville, IN

Property at 602 W Franklin St, Shelbyville, IN
Fix & Flip
Listed for sale 1 day ago
$ 130,000
ROI
26.7ROI percentage
Cash Flow/m
Dollar sign252
  • 2 Bed
  • 1 Bath
  • 1428 sft
602 W Franklin St, Shelbyville, IN, 46176
Property at 1401 Fox Ridge, shelbyville, IN
$ 246,000
ROI
28.5ROI percentage
Cash Flow/m
Dollar sign599
  • 3 Bed
  • 2 Bath
  • 1456 sft
1401 Fox Ridge, shelbyville, IN, 46143
Property at 1225 Charlotte Way, Shelbyville, IN
Listed for sale 1 day ago
$ 259,900
ROI
29.3ROI percentage
Cash Flow/m
Dollar sign691
  • 3 Bed
  • 3 Bath
  • 1712 sft
1225 Charlotte Way, Shelbyville, IN, 46176
Property at New Castle Plan, Bear Run, Shelbyville, IN
Listed for sale 1 day ago
$ 261,990
ROI
25.3ROI percentage
Cash Flow/m
Dollar sign406
  • 3 Bed
  • 3 Bath
  • 1995 sft
New Castle Plan, Bear Run, 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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