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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Winamac, IN
Listed for sale 4 days ago
$ 225,000
ROI
26.6
Cash Flow/m
429- 5 Bed
- 1 Bath
- 2106 sft
713 S Franklin St, Winamac, IN, 46996
Listed for sale 5 days ago
$ 150,000
ROI
26.2Cash Flow/m
270- 2 Bed
- 1 Bath
- 957 sft
341 W Main St, Winamac, IN, 46996
Listed for sale 6 days ago
$ 169,900
ROI
22.1Cash Flow/m
113- 2 Bed
- 1 Bath
- 948 sft
606 N Market St, Winamac, IN, 46996
$ 260,000
ROI
22.1Cash Flow/m
173- 4 Bed
- 2 Bath
- 1966 sft
612 S Monticello St, 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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