Under $300K Investment Properties for Sale in Marengo, IL
Fix & Flip
Listed for sale 5 days ago
$ 290,000
ROI
28.9
Cash Flow/m
737- 3 Bed
- 3 Bath
- 1688 sft
20525 Ridgeview Ln, Marengo, IL, 60152
Listed for sale 7 days ago
$ 219,000
ROI
21.2Cash Flow/m
90- 2 Bed
- 2 Bath
- 1200 sft
1015 Briden Dr, Marengo, IL, 60152
$ 222,000
ROI
24.0Cash Flow/m
260- 3 Bed
- 1 Bath
- 1155 sft
(Undisclosed Address), Marengo, IL, 60152
Fix & Flip
$ 175,000
ROI
23.0Cash Flow/m
160- 2 Bed
- 1 Bath
- 1100 sft
704 W Grant Hwy, 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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