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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Spiceland, IN
Fix & Flip
$ 194,000
ROI
25.0
Cash Flow/m
281- 3 Bed
- 1 Bath
- 2707 sft
321 W Broad St, Spiceland, IN, 47385
$ 195,000
ROI
31.8Cash Flow/m
652- 3 Bed
- 2 Bath
- 1925 sft
207 W Elm St, Spiceland, IN, 47385
$ 183,900
ROI
24.6Cash Flow/m
250- 3 Bed
- 2 Bath
- 1143 sft
531 Linden Dr, Spiceland, IN, 47385
$ 140,000
ROI
26.4Cash Flow/m
260- 2 Bed
- 1 Bath
- 1027 sft
209 N Pearl St, Spiceland, IN, 47385
Why Invest in Spiceland, Indiana?
Investing in Spiceland, IN, can be lucrative, especially with properties available under $200k. The area shows promising investment metrics like an average ROI of 8%, a rental yield of 7%, and a cap rate around 9%. These factors create a favorable environment for new investors looking for affordable options in the Midwest.
8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Average property prices in Spiceland are around $180,000, making it an affordable area for investors. Homes priced under $200k are commonly available with good rental potential.
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