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 6225 Lakewood Dr, Marengo, IL
Listed for sale 1 day ago
$ 449,000
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign558
  • 4 Bed
  • 4 Bath
  • 2590 sft
6225 Lakewood Dr, Marengo, IL, 60152
Property at 3203 Elizabeth St, Marengo, IL
$ 435,000
ROI
30.6ROI percentage
Cash Flow/m
Dollar sign1309
  • 4 Bed
  • 4 Bath
  • 2718 sft
3203 Elizabeth St, Marengo, IL, 60152
Property at 214 S Prospect St, Marengo, IL
$ 350,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign324
  • 4 Bed
  • 2 Bath
  • 1400 sft
214 S Prospect St, Marengo, IL, 60152
Property at 870 Mildred Dr, Marengo, IL
$ 500,000
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign500
  • 4 Bed
  • 3 Bath
  • 2157 sft
870 Mildred 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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