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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Spencer, IN
Motivated Seller
Listed for sale 2 days ago
$ 149,300
ROI
26.7
Cash Flow/m
287- 4 Bed
- 2 Bath
- 1568 sft
701 Brianwood Dr, Spencer, IN, 47460
$ 454,900
ROI
22.0Cash Flow/m
287- 3 Bed
- 3 Bath
- 2822 sft
310 Garden Park, Spencer, IN, 47460
$ 195,000
ROI
29.0Cash Flow/m
503- 3 Bed
- 1 Bath
- 1135 sft
501 W Jefferson St, Spencer, IN, 47460
$ 350,000
ROI
23.9Cash Flow/m
405- 4 Bed
- 2 Bath
- 1792 sft
3216 Hardscrabble Rd, 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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