Investment Properties for Sale in Marengo, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Marengo, IL

Property at 222 N Taylor St, Marengo, IL
Listed for sale 1 day ago
$ 285,000
ROI
27.7ROI percentage
Cash Flow/m
Dollar sign631
  • 4 Bed
  • 1 Bath
  • 1250 sft
222 N Taylor St, Marengo, IL, 60152
Property at 436 W Washington St, Marengo, IL
Listed for sale 6 days ago
$ 235,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign170
  • 4 Bed
  • 2 Bath
  • 1900 sft
436 W Washington St, Marengo, IL, 60152
Property at 861 Village Cir Unit 861, Marengo, IL
$ 220,000
ROI
28.0ROI percentage
Cash Flow/m
Dollar sign504
  • 2 Bed
  • 2 Bath
  • - sft
861 Village Cir Unit 861, Marengo, IL, 60152
Property at 700 Woodbine Ln, Marengo, IL
$ 349,900
ROI
29.9ROI percentage
Cash Flow/m
Dollar sign985
  • 4 Bed
  • 3 Bath
  • 1950 sft
700 Woodbine Ln, Marengo, IL, 60152

Why Invest in Marengo, Illinois?

Investing in Marengo, IL, especially in rental properties, can yield significant returns. The city offers an attractive rental market with a robust average cash flow and a growing appreciation rate. Investors can benefit from a healthy rental yield as the local economy expands and more people move to this charming area.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent in Marengo is around $1,800 per month, offering a range of housing options from single-family homes to multifamily units. This competitive rental market makes it ideal for investors seeking rental properties.

Find Your Perfect Investment Property in Marengo, Illinois

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