Investment Properties Under $500K in Spencer, IN | Ziffy.ai
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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

Property at 122 S East St, Spencer, IN
Listed for sale 3 days ago
$ 224,900
ROI
27.6ROI percentage
Cash Flow/m
Dollar sign492
  • 2 Bed
  • 2 Bath
  • 1296 sft
122 S East St, Spencer, IN, 47460
Property at 701 Brianwood Dr, Spencer, IN
Motivated Seller
Listed for sale 7 days ago
$ 149,300
ROI
26.4ROI percentage
Cash Flow/m
Dollar sign276
  • 4 Bed
  • 2 Bath
  • 1568 sft
701 Brianwood Dr, Spencer, IN, 47460
Property at 302 E Lewis Ln, Spencer, IN
$ 215,000
ROI
26.2ROI percentage
Cash Flow/m
Dollar sign384
  • 2 Bed
  • 2 Bath
  • 1296 sft
302 E Lewis Ln, Spencer, IN, 47460
Property at 1012 W Acres Dr, Spencer, IN
$ 250,000
ROI
26.1ROI percentage
Cash Flow/m
Dollar sign442
  • 3 Bed
  • 2 Bath
  • 1248 sft
1012 W Acres 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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