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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Spiceland, IN
Listed for sale 2 days ago
$ 245,900
ROI
21.5
Cash Flow/m
119- 3 Bed
- 2 Bath
- 1485 sft
528 Linden Dr, Spiceland, IN, 47385
$ 299,900
ROI
24.4Cash Flow/m
386- 4 Bed
- 2 Bath
- 2207 sft
2530 Poplar St, Spiceland, IN, 47385
Fix & Flip
$ 194,000
ROI
25.0Cash 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
Why Invest in Spiceland, Indiana?
Investing in properties under $500k in Indiana offers incredible value for money and long-term growth potential. The state has been experiencing a steady increase in rental demand, with an average rental yield of approximately 7%. With a competitive cap rate of around 8%, investors can enjoy excellent cash flow while the area continues to develop.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Indiana is approximately 7%, making it an attractive option for investors looking for cash flow.
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