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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 5 days ago
$ 119,900
ROI
23.6
Cash Flow/m
128- 2 Bed
- 2 Bath
- - sft
633 Mohawk Trl, Marengo, IL, 60152
$ 280,000
ROI
27.8Cash Flow/m
629- 3 Bed
- 2 Bath
- 1250 sft
607 2nd Ave, Marengo, IL, 60152
Fix & Flip
$ 239,900
ROI
21.8Cash Flow/m
136- 3 Bed
- 1 Bath
- 1230 sft
821 Diane Ct, Marengo, IL, 60152
$ 229,000
ROI
22.8Cash Flow/m
192- 2 Bed
- 2 Bath
- 1150 sft
500 1/2 Johnson 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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