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

Single Family Investment Properties for Sale in Marengo, IL

Property at 8915 Wildrose Ln, Marengo, IL
Listed for sale 7 days ago
$ 525,000
ROI
25.3ROI percentage
Cash Flow/m
Dollar sign749
  • 5 Bed
  • 4 Bath
  • 3419 sft
8915 Wildrose Ln, Marengo, IL, 60152
Property at 607 2nd Ave, Marengo, IL
$ 280,000
ROI
27.8ROI percentage
Cash Flow/m
Dollar sign629
  • 3 Bed
  • 2 Bath
  • 1250 sft
607 2nd Ave, 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
Property at 895 Stanford Dr, Marengo, IL
$ 380,000
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign723
  • 3 Bed
  • 2 Bath
  • 2825 sft
895 Stanford Dr, Marengo, IL, 60152

Why Invest in Marengo, Illinois?

Investing in single-family homes in Marengo, IL can yield attractive returns due to a growing rental market. The average rental yield in the area is competitive, making it a viable option for new and seasoned investors alike. With promising trends in appreciation and a solid average cash flow, Marengo represents a strategic choice for real estate investment.

7.5%
Avg. ROI
5.2%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rent for single-family homes in Marengo, IL is approximately $1,200 per month, making it affordable compared to nearby markets.

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