Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Marengo, IL
Listed for sale 1 day ago
$ 449,000
ROI
24.2
Cash Flow/m
558- 4 Bed
- 4 Bath
- 2590 sft
6225 Lakewood Dr, Marengo, IL, 60152
$ 435,000
ROI
30.6Cash Flow/m
1309- 4 Bed
- 4 Bath
- 2718 sft
3203 Elizabeth St, Marengo, IL, 60152
$ 350,000
ROI
23.1Cash Flow/m
324- 4 Bed
- 2 Bath
- 1400 sft
214 S Prospect St, Marengo, IL, 60152
$ 500,000
ROI
23.4Cash Flow/m
500- 4 Bed
- 3 Bath
- 2157 sft
870 Mildred Dr, 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
Explore investment opportunities by strategy, performance, or property type
