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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
$ 269,999
ROI
25.8
Cash Flow/m
456- 4 Bed
- 3 Bath
- 1598 sft
2064 Black Oak Dr, Shelbyville, IN, 46176

Listed for sale 1 day ago
$ 235,000
ROI
28.3
Cash Flow/m
555- 3 Bed
- 2 Bath
- 1264 sft
125 Rolling Ridge Rd, Shelbyville, IN, 46176

Listed for sale 1 day ago
$ 219,000
ROI
30.4
Cash Flow/m
646- 3 Bed
- 2 Bath
- 1233 sft
707 Westpointe Dr, Shelbyville, IN, 46176

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
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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