Investment Properties Under $200K in Marengo, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Marengo, IL

Property at 710 N Taylor St, Marengo, IL
$ 159,900
ROI
41.4ROI percentage
Cash Flow/m
Dollar sign963
  • 2 Bed
  • 1 Bath
  • 800 sft
710 N Taylor St, Marengo, IL, 60152
Property at 4106 Ritz Rd, Marengo, IL
$ 136,446
ROI
68.6ROI percentage
Cash Flow/m
Dollar sign1853
  • - Bed
  • - Bath
  • - sft
4106 Ritz Rd, Marengo, IL, 60152
Property at 1130 Briden Dr, Marengo, IL
$ 105,000
ROI
34.7ROI percentage
Cash Flow/m
Dollar sign437
  • 2 Bed
  • 2 Bath
  • 1278 sft
1130 Briden Dr, Marengo, IL, 60152
Property at 423 Maple St, Marengo, IL
$ 159,900
ROI
28.7ROI percentage
Cash Flow/m
Dollar sign397
  • 2 Bed
  • 1 Bath
  • 940 sft
423 Maple St, Marengo, IL, 60152

Why Invest in Marengo, Illinois?

Investing in real estate in Illinois, specifically properties under $200k, presents unique opportunities. With a strong market for affordable housing, investors can benefit from steady rental yields and attractive cap rates in various towns across the state. Many areas are experiencing economic growth, making this an opportune moment to diversify your portfolio.

8.5%
Avg. ROI
7.2%
Rental Yield
10.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.1%
1Y Appreciation

Frequently Asked Questions

In Marengo, you can find a diverse range of properties under $200k, including single-family homes and small multi-family units. These options are ideal for first-time investors and those seeking affordable rental properties.

Find Your Perfect Investment Property in Marengo, Illinois

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