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

$ 479,900
ROI
23.0
Cash Flow/m
430- 5 Bed
- 4 Bath
- 3341 sft
1235 Yorkshire Dr, Shipshewana, IN, 46565

Fix & Flip
$ 139,900
ROI
24.5
Cash Flow/m
184- 1 Bed
- 1 Bath
- 720 sft
3440 N 920 W, Shipshewana, IN, 46565

$ 295,000
ROI
24.1
Cash Flow/m
354- 2 Bed
- 2 Bath
- 2126 sft
9780 W State Route 120, Shipshewana, IN, 46565

$ 149,000
ROI
25.6
Cash Flow/m
242- 3 Bed
- 2 Bath
- 1344 sft
7605 N 915 W, Shipshewana, IN, 46565
Why Invest in Shipshewana, Indiana?
Shipshewana is an intriguing destination for real estate investors, especially with properties available under $500k. Known for its thriving Amish community and unique local market dynamics, it offers opportunities to capitalize on the growing interest in rural tourism. The area's average rental yield stands as a testament to its potential for solid returns, making it a favorable choice for long-term investors.
8%
Avg. ROI
6%
Rental Yield
9%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Shipshewana, the average home price is currently around $250,000, making it an affordable option for many investors looking for properties under $500k.
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