Under $500K Investment Properties for Sale in Spencer, IN
Listed for sale 1 day ago
$ 150,000
ROI
26.1
Cash Flow/m
265- 3 Bed
- 1 Bath
- 1696 sft
864 S Hilltop Dr, Spencer, IN, 47460
$ 232,000
ROI
27.9Cash Flow/m
525- 3 Bed
- 2 Bath
- 1160 sft
523 E Market St, Spencer, IN, 47460
$ 315,000
ROI
26.7Cash Flow/m
612- 3 Bed
- 2 Bath
- 2078 sft
507 N Us Highway 231, Spencer, IN, 47460
Motivated Seller
$ 149,300
ROI
25.3Cash Flow/m
229- 4 Bed
- 2 Bath
- 1568 sft
701 Brianwood Dr, Spencer, IN, 47460
Why Invest in Spencer, Indiana?
Investing in properties under $500K in Indiana offers exciting opportunities for both new and seasoned investors. With a favorable cost of living and attractive cap rates, this state provides a solid foundation for real estate gains. As Indiana continues to grow economically, you can expect to see strong rental yields and significant appreciation in value.
12%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
You can find a variety of properties including single-family homes, multi-family units, and townhouses within this price range. These options are ideal for both living and investment purposes.
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