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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Marengo, IL
Listed for sale today
$ 375,000
ROI
20.5
Cash Flow/m
80- 3 Bed
- 3 Bath
- 1900 sft
701 Woodland Ln, Marengo, IL, 60152
Listed for sale 2 days ago
$ 449,000
ROI
24.2Cash 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
Why Invest in Marengo, Illinois?
Investing in Marengo, IL, especially focusing on high rental yield opportunities, presents promising returns. With an average rental yield of 8% and an appreciation rate of 5%, properties here are a smart choice for serious investors. The local economy boasts a strong job market, providing stability for rental income as well.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Marengo, IL is approximately 8%, making it an attractive option for real estate investors looking for solid returns.
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