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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 1 day ago
$ 119,900
ROI
22.0
Cash Flow/m
73- 2 Bed
- 2 Bath
- - sft
633 Mohawk Trl, Marengo, IL, 60152
Listed for sale 7 days ago
$ 525,000
ROI
25.3Cash Flow/m
749- 5 Bed
- 4 Bath
- 3419 sft
8915 Wildrose Ln, Marengo, IL, 60152
$ 280,000
ROI
27.8Cash Flow/m
629- 3 Bed
- 2 Bath
- 1250 sft
607 2nd Ave, Marengo, IL, 60152
Fix & Flip
$ 239,900
ROI
21.8Cash Flow/m
136- 3 Bed
- 1 Bath
- 1230 sft
821 Diane Ct, 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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