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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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
$ 285,000
ROI
20.5Cash Flow/m
58- 3 Bed
- 2 Bath
- 1325 sft
519 6th Ave, Marengo, IL, 60152
Why Invest in Marengo, Illinois?
Investing in Marengo, IL, offers exciting opportunities with homes available for under $300,000. With a growing community and a stable rental market, investors can expect favorable returns and a dependable cash flow.
8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Marengo is approximately 7%, making it an attractive option for investors looking for good returns.
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