Investment Properties for Sale in Spencer, IN

Property at 864 S Hilltop Dr, Spencer, IN
Listed for sale 1 day ago
$ 150,000
ROI
26.1ROI percentage
Cash Flow/m
Dollar sign265
  • 3 Bed
  • 1 Bath
  • 1696 sft
864 S Hilltop Dr, Spencer, IN, 47460
Property at 523 E Market St, Spencer, IN
$ 232,000
ROI
27.9ROI percentage
Cash Flow/m
Dollar sign525
  • 3 Bed
  • 2 Bath
  • 1160 sft
523 E Market St, Spencer, IN, 47460
Property at 507 N Us Highway 231, Spencer, IN
$ 315,000
ROI
26.7ROI percentage
Cash Flow/m
Dollar sign612
  • 3 Bed
  • 2 Bath
  • 2078 sft
507 N Us Highway 231, Spencer, IN, 47460
Property at 701 Brianwood Dr, Spencer, IN
Motivated Seller
$ 149,300
ROI
25.3ROI percentage
Cash Flow/m
Dollar sign229
  • 4 Bed
  • 2 Bath
  • 1568 sft
701 Brianwood Dr, Spencer, IN, 47460

Why Invest in Spencer, Indiana?

Investing in Spencer, Indiana offers opportunities for high cash flow rentals. With a rental yield averaging around 6%, the low cost of living and competitive rental market provide a solid return on investment. Additionally, the city is experiencing a 3% annual appreciation, making it an attractive option for investors seeking stability and growth.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1000/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental rate in Spencer is approximately $900 per month. This rate provides an attractive yield for investors looking to enter this market.

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