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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Wakarusa, IN

$ 289,900
ROI
24.0
Cash Flow/m
345- 3 Bed
- 2 Bath
- 1332 sft
106 Tamarack Dr, Wakarusa, IN, 46573

$ 259,900
ROI
26.7
Cash Flow/m
505- 4 Bed
- 1 Bath
- 1749 sft
212 E Waterford St, Wakarusa, IN, 46573

$ 259,900
ROI
25.8
Cash Flow/m
438- 2 Bed
- 2 Bath
- 1428 sft
305 E Harrison St, Wakarusa, IN, 46573

$ 234,900
ROI
29.5
Cash Flow/m
640- 2 Bed
- 2 Bath
- 964 sft
205 S Washington St, Wakarusa, IN, 46573
Why Invest in Wakarusa, Indiana?
Investing in Wakarusa, IN offers a unique opportunity to discover affordable real estate under $500k. With its strong community ties and growing economic base, this small town is attracting both families and retirees. The rental market shows promising yields, making it a prime location for real estate investors looking for sustainable cash flow.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Wakarusa is approximately $1,200 per month, reflecting the town's affordable living costs.
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