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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
$ 215,000
ROI
22.3
Cash Flow/m
149- 2 Bed
- 2 Bath
- 1450 sft
777 Village Cir, Marengo, IL, 60152
$ 300,000
ROI
32.2Cash Flow/m
1039- 4 Bed
- 2 Bath
- 1900 sft
820 Geraldine Ct, Marengo, IL, 60152
$ 159,900
ROI
41.4Cash Flow/m
963- 2 Bed
- 1 Bath
- 800 sft
710 N Taylor St, Marengo, IL, 60152
$ 271,000
ROI
31.2Cash Flow/m
866- 4 Bed
- 1 Bath
- 1760 sft
200 8th St, 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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