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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Marengo at 0001 S Main Street, Marengo, IN, 47140 with 5% annual appreciation on a $100,000 basis while $0/mo rent supports operations. 8% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2023
6,298 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47140, Marengo, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,184 (100%) |
| Owner Occupied HU | 788 (66.6%) |
| Renter Occupied HU | 263 (22.2%) |
| Vacant Housing Units | 133 (11.2%) |
| Median Home Value | $151,606 |
| Average Home Value | $163,011 |
Residential
1,180
Single Family
1,179
Multi-Family
1
Businesses
72
Date | Event | Price |
|---|---|---|
| 2025-05-26 | Listed for sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Ashley Bullington • Debby Broughton Realty
Mls Name: SIRA
Mls Provider:
Mls ID: #202307194
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
