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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

$ 275,000
ROI
22.9
Cash Flow/m
239- 3 Bed
- 2 Bath
- 2622 sft
1232 Park Way #32, Shipshewana, IN, 46565

$ 385,000
ROI
19.9
Cash Flow/m
16- 2 Bed
- 2 Bath
- 1765 sft
Norway Plan, Country Crossing, Shipshewana, IN, 46565

$ 394,500
ROI
20.7
Cash Flow/m
104- 4 Bed
- 3 Bath
- 2622 sft
3645 N 760 W, Shipshewana, IN, 46565

$ 385,000
ROI
22.3
Cash Flow/m
268- 4 Bed
- 3 Bath
- 2640 sft
410 E Davis St, 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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