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

Fix And Flip Investment Properties for Sale in Marengo, IL

Property at 2812 Woodcliff Dr, Marengo, IL
Fix & Flip
$ 300,000
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign59
  • 3 Bed
  • 2 Bath
  • 1818 sft
2812 Woodcliff Dr, Marengo, IL, 60152
Property at 802 E Washington St, Marengo, IL
Fix & Flip
$ 248,900
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign74
  • 2 Bed
  • 2 Bath
  • 1368 sft
802 E Washington St, Marengo, IL, 60152
Property at 313 E Grant Hwy, Marengo, IL
Fix & Flip
$ 140,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign99
  • 3 Bed
  • 2 Bath
  • - sft
313 E Grant Hwy, Marengo, IL, 60152
Property at 821 Diane Ct, Marengo, IL
Fix & Flip
$ 239,900
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign136
  • 3 Bed
  • 1 Bath
  • 1230 sft
821 Diane Ct, 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

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