Under $500K Investment Properties for Sale in Winamac, IN

Property at 1120 N Falvey St, Winamac, IN
Listed for sale 1 day ago
$ 179,900
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign311
  • 3 Bed
  • 2 Bath
  • 1404 sft
1120 N Falvey St, Winamac, IN, 46996
Property at 304 W Narrow St, Winamac, IN
Listed for sale 4 days ago
$ 125,000
ROI
26.5ROI percentage
Cash Flow/m
Dollar sign234
  • 3 Bed
  • 1 Bath
  • 807 sft
304 W Narrow St, Winamac, IN, 46996
Property at 5516 W 775 N, Winamac, IN
$ 269,900
ROI
28.4ROI percentage
Cash Flow/m
Dollar sign649
  • 6 Bed
  • 2 Bath
  • 2016 sft
5516 W 775 N, Winamac, IN, 46996
Property at 9935 S 550 W, Winamac, IN
Rental Income
$ 150,000
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign249
  • 3 Bed
  • 1 Bath
  • 1442 sft
9935 S 550 W, Winamac, IN, 46996

Why Invest in Winamac, Indiana?

Investing in Winamac, IN presents a unique opportunity to acquire properties under $500k in a growing community. With an average rental yield of 7% and strong appreciation potential due to ongoing development, investors can benefit significantly. Furthermore, housing dynamics such as a low vacancy rate of 4% indicate a healthy rental market.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental rate in Winamac is approximately $1,200 per month, which has seen consistent growth in recent years. This indicates a strong demand for rental properties.

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