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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

$ 260,000
ROI
24.0
Cash Flow/m
305- 3 Bed
- 2 Bath
- 1352 sft
3331 Westward Rd, Spencer, IN, 47460

$ 250,000
ROI
21.4
Cash Flow/m
116- 3 Bed
- 2 Bath
- 2432 sft
3540 White Rd, Spencer, IN, 47460

$ 210,000
ROI
27.6
Cash Flow/m
456- 2 Bed
- 2 Bath
- 1296 sft
122 S East St, Spencer, IN, 47460

$ 325,000
ROI
23.0
Cash Flow/m
293- 3 Bed
- 3 Bath
- 2800 sft
4496 Blue Springs 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.
Find Your Perfect Investment Property in Spencer, Indiana
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