Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Marengo, IL
Fix & Flip
$ 301,000
ROI
32.8
Cash Flow/m
1090- 3 Bed
- 2 Bath
- - sft
404 South St, Marengo, IL, 60152
Fix & Flip
$ 330,000
ROI
29.9Cash Flow/m
935- 3 Bed
- 3 Bath
- 1900 sft
831 Hickory Ct, Marengo, IL, 60152
Fix & Flip
$ 245,000
ROI
33.9Cash Flow/m
963- 3 Bed
- 2 Bath
- 1290 sft
507 4th Ave, Marengo, IL, 60152
Fix & Flip
$ 349,900
ROI
27.3Cash Flow/m
729- 4 Bed
- 2 Bath
- 1738 sft
18878 Ridge Ln, Marengo, IL, 60152
Why Invest in Marengo, Illinois?
Investing in Marengo, IL is increasingly appealing, especially for fix-and-flip projects. The local market has seen a promising appreciation rate and a solid renter-occupied percentage, making it a sound choice for flipping properties. With a growing community and favorable economic indicators, Marengo presents abundant opportunities for investors seeking substantial returns.
15%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Marengo's housing market is showing a positive trend with increasing home values and rental rates. It's an ideal location for both long-term rental investments and short-term fix-and-flip opportunities.
Find Your Perfect Investment Property in Marengo, Illinois
Explore investment opportunities by strategy, performance, or property type
