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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Spencer, IN
Listed for sale 4 days ago
$ 299,900
ROI
29.5
Cash Flow/m
811- 4 Bed
- 2 Bath
- 1656 sft
1557 Fox Run Ct, Spencer, IN, 47460
Listed for sale 6 days ago
$ 320,000
ROI
25.0Cash Flow/m
467- 3 Bed
- 2 Bath
- 1940 sft
4743 E Coltrane Ln, Spencer, IN, 47460
Motivated Seller
Listed for sale 7 days ago
$ 149,300
ROI
27.0Cash Flow/m
300- 4 Bed
- 2 Bath
- 1568 sft
701 Brianwood Dr, Spencer, IN, 47460
$ 174,900
ROI
26.8Cash Flow/m
345- 2 Bed
- 1 Bath
- 768 sft
1131 Parks 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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