Investment Properties Under $500K in Spencerville, 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 Spencerville, IN

Property at 6800 State Road 1, Spencerville, IN
Fix & Flip
$ 234,900
ROI
28.4ROI percentage
Cash Flow/m
Dollar sign563
  • 4 Bed
  • 2 Bath
  • 1988 sft
6800 State Road 1, Spencerville, IN, 46788
Property at 21918 Campbell Rd, Spencerville, IN
$ 485,000
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign51
  • 4 Bed
  • 3 Bath
  • 2727 sft
21918 Campbell Rd, Spencerville, IN, 46788
Property at 7014 State Road 1, Spencerville, IN
$ 185,000
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign353
  • 2 Bed
  • 1 Bath
  • 1152 sft
7014 State Road 1, Spencerville, IN, 46788
Property at 5451 County Road 68, Spencerville, IN
$ 146,900
ROI
39.5ROI percentage
Cash Flow/m
Dollar sign809
  • 3 Bed
  • 2 Bath
  • 1350 sft
5451 County Road 68, Spencerville, IN, 46788

Why Invest in Spencerville, Indiana?

Investing in Spencerville, IN, offers an opportunity for affordable properties under $500k. The area's average cash flow aligns well with the investor's goal of obtaining high rental yields in a stable economic environment. With a strong community, low vacancy rates, and promising appreciation trends, this location is ideal for those seeking profitable real estate ventures.

8%
Avg. ROI
5%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Average property prices in Spencerville are quite affordable, especially for investment properties under $500k. This makes it a viable option for both new and seasoned investors.

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