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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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 real estate in Indiana, particularly properties under $300k, offers great potential for new real estate investors. The state boasts a steady rental yield and a growing economy, making it an attractive option for those looking to build long-term wealth. With an average cash flow that aligns with affordable investments, Indiana's market invites opportunities across various demographics.
8.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Investing in Indiana offers affordable entry points with strong rental yields. Properties priced under $300k can generate positive cash flow and appreciation, making them ideal for both new and experienced investors.
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