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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Spencer, IN

Motivated Seller
Listed for sale 2 days ago
$ 149,300
ROI
26.7
Cash Flow/m
287- 4 Bed
- 2 Bath
- 1568 sft
701 Brianwood Dr, Spencer, IN, 47460

$ 454,900
ROI
22.0
Cash Flow/m
287- 3 Bed
- 3 Bath
- 2822 sft
310 Garden Park, Spencer, IN, 47460

$ 195,000
ROI
29.0
Cash Flow/m
503- 3 Bed
- 1 Bath
- 1135 sft
501 W Jefferson St, Spencer, IN, 47460

$ 350,000
ROI
23.9
Cash Flow/m
405- 4 Bed
- 2 Bath
- 1792 sft
3216 Hardscrabble Rd, 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.
Find Your Perfect Investment Property in Spencer, Indiana
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