Condo Investment Properties in Spencer, IN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Spencer, IN

Property at 122 S East St, Spencer, IN
$ 210,000
ROI
27.6ROI percentage
Cash Flow/m
Dollar sign456
  • 2 Bed
  • 2 Bath
  • 1296 sft
122 S East St, Spencer, IN, 47460
Property at 304 E Wayne St, Spencer, IN
$ 245,000
ROI
27.4ROI percentage
Cash Flow/m
Dollar sign523
  • 2 Bed
  • 2 Bath
  • 1440 sft
304 E Wayne St, Spencer, IN, 47460
Property at 33 S Park Ave, Spencer, IN
$ 195,900
ROI
32.2ROI percentage
Cash Flow/m
Dollar sign677
  • 2 Bed
  • 2 Bath
  • 1296 sft
33 S Park Ave, Spencer, IN, 47460
Property at 302 E Lewis Ln, Spencer, IN
$ 200,000
ROI
29.3ROI percentage
Cash Flow/m
Dollar sign530
  • 2 Bed
  • 2 Bath
  • - sft
302 E Lewis Ln, Spencer, IN, 47460

Why Invest in Spencer, Indiana?

Investing in Spencer, IN, is particularly attractive for those considering condos. With an average rental yield of 5% and a cap rate of 6%, this location offers solid opportunities for steady cash flow. Moreover, average rents are around $1,200, making it a pocket for those looking for affordable investment options.

8%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for condos in Spencer, IN is approximately $1,200 per month, which is competitive given the area's amenities.

Find Your Perfect Investment Property in Spencer, Indiana

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