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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
$ 285,000
ROI
27.7
Cash Flow/m
631- 4 Bed
- 1 Bath
- 1250 sft
222 N Taylor St, Marengo, IL, 60152
Listed for sale 6 days ago
$ 235,000
ROI
22.4Cash Flow/m
170- 4 Bed
- 2 Bath
- 1900 sft
436 W Washington St, Marengo, IL, 60152
$ 220,000
ROI
28.0Cash Flow/m
504- 2 Bed
- 2 Bath
- - sft
861 Village Cir Unit 861, Marengo, IL, 60152
$ 349,900
ROI
29.9Cash Flow/m
985- 4 Bed
- 3 Bath
- 1950 sft
700 Woodbine Ln, 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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