Pike County, Indiana is a great place to invest in real estate. The county has a population of just over 20,000 people and is located in the heart of the Midwest. The county seat is the city of Petersburg, which is also the largest city in the county. Other notable cities in Pike County include Winslow, Otwell, and Patoka.
The real estate market in Pike County is very affordable. The median home value is just over $100,000, which is much lower than the national average. This makes Pike County a great place to invest in rental properties. There are many opportunities for investors to purchase fixer-uppers and turn them into rental properties. With the low cost of living in the area, renters can easily afford to pay rent that is slightly higher than their mortgage payment.
There are also many commercial real estate opportunities in Pike County. The city of Petersburg has a growing downtown area that is perfect for businesses such as restaurants, bars, and retail stores. There is also a lot of industrial space available in Winslow and Patoka for businesses that need warehouse or manufacturing space.
If you are looking for an affordable place to invest in real estate, Pike County should be at the top of your list!