Under $500K Investment Properties for Sale in Wakarusa, IN
Listed for sale 4 days ago
$ 239,500
ROI
27.3
Cash Flow/m
500- 2 Bed
- 2 Bath
- 1428 sft
305 E Harrison St, Wakarusa, IN, 46573
$ 219,000
ROI
21.9Cash Flow/m
128- 2 Bed
- 1 Bath
- 864 sft
206 E Wabash Ave, Wakarusa, IN, 46573
$ 239,900
ROI
27.4Cash Flow/m
512- 4 Bed
- 1 Bath
- 1749 sft
212 E Waterford St, Wakarusa, IN, 46573
$ 290,000
ROI
21.7Cash Flow/m
154- 2 Bed
- 2 Bath
- 1375 sft
301 W Waterford 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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