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

Property at 6960 N 680 W, Shipshewana, IN
Listed for sale 4 days ago
$ 289,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign464
  • 4 Bed
  • 2 Bath
  • 2236 sft
6960 N 680 W, Shipshewana, IN, 46565
Property at 7185 N 1150 W, Shipshewana, IN
Rental Income
$ 300,000
ROI
27.5ROI percentage
Cash Flow/m
Dollar sign642
  • 3 Bed
  • 3 Bath
  • 3240 sft
7185 N 1150 W, Shipshewana, IN, 46565
Property at 235 W Middlebury St, Shipshewana, IN
$ 195,000
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign148
  • 3 Bed
  • 1 Bath
  • 1438 sft
235 W Middlebury St, Shipshewana, IN, 46565
Property at 7605 N 915 W, Shipshewana, IN
$ 149,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign242
  • 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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