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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 3 days ago
$ 224,900
ROI
27.6
Cash Flow/m
492- 2 Bed
- 2 Bath
- 1296 sft
122 S East St, Spencer, IN, 47460
Motivated Seller
Listed for sale 7 days ago
$ 149,300
ROI
26.4Cash Flow/m
276- 4 Bed
- 2 Bath
- 1568 sft
701 Brianwood Dr, Spencer, IN, 47460
$ 215,000
ROI
26.2Cash Flow/m
384- 2 Bed
- 2 Bath
- 1296 sft
302 E Lewis Ln, Spencer, IN, 47460
$ 250,000
ROI
26.1Cash Flow/m
442- 3 Bed
- 2 Bath
- 1248 sft
1012 W Acres 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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