High Rental Yield Investment Properties for Sale in Marengo, IL

Property at 445 Stanford Dr, Marengo, IL
Listed for sale 4 days ago
$ 415,000
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign283
  • 4 Bed
  • 3 Bath
  • 2000 sft
445 Stanford Dr, Marengo, IL, 60152
Property at 20525 Ridgeview Ln, Marengo, IL
Fix & Flip
Listed for sale 6 days ago
$ 290,000
ROI
28.9ROI percentage
Cash Flow/m
Dollar sign737
  • 3 Bed
  • 3 Bath
  • 1688 sft
20525 Ridgeview Ln, Marengo, IL, 60152
Property at 817 Whitetail Dr, Marengo, IL
Listed for sale 7 days ago
$ 374,900
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign533
  • 3 Bed
  • 2 Bath
  • 1522 sft
817 Whitetail Dr, Marengo, IL, 60152
Property at 1015 Briden Dr, Marengo, IL
$ 219,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign90
  • 2 Bed
  • 2 Bath
  • 1200 sft
1015 Briden Dr, 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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