Single Family Investment Properties for Sale in Marengo, IL

Property at 445 Stanford Dr, Marengo, IL
Listed for sale 3 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 5 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 6 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 521 S Ann St, Marengo, IL
$ 399,990
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign72
  • 4 Bed
  • 3 Bath
  • 1700 sft
521 S Ann St, 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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