Under $500K Investment Properties for Sale in Terre Haute, IN
433- 5 Bed
- 3 Bath
- 2466 sft
302- 2 Bed
- 2 Bath
- 1736 sft
210- 2 Bed
- 1 Bath
- 1301 sft
790- 3 Bed
- 3 Bath
- 3024 sft
Why Invest in Terre Haute, Indiana?
Discover investment opportunities in Terre Haute, IN properties under $500k, where affordable entry points meet steady rental demand. Median home prices hover around $160k-$170k, well below the threshold, offering strong cash flow potential for investors. Renter-occupied rates exceed 40%, supported by local universities and stable employment. Annual appreciation of 4-5% and cap rates near 8% make these assets attractive for long-term holds. Low vacancy and quick sales enhance ROI in this Midwest market.
Frequently Asked Questions
Yes, median home prices are around $160k-$170k, with many listings well under $500k per public market data. These offer high affordability for cash-flowing rentals. Focus on areas near Indiana State University for best yields.
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