Under $200K Investment Properties for Sale in Marengo, IN
Fix & Flip
$ 129,000
ROI
25.9
Cash Flow/m
220- 3 Bed
- 2 Bath
- 2266 sft
2493 E Bacon Ridg Road, Marengo, IN, 47140
$ 189,500
ROI
30.8Cash Flow/m
582- 3 Bed
- 2 Bath
- 1386 sft
8131 S Co RD 325 E, Marengo, IN, 47140
$ 115,000
ROI
25.8Cash Flow/m
192- 1 Bed
- 1 Bath
- 988 sft
2803 S State Road 66, Marengo, IN, 47140
$ 164,000
ROI
26.5Cash Flow/m
307- 3 Bed
- 2 Bath
- 1427 sft
318 S Main Street, Marengo, IN, 47140
Why Invest in Marengo, Indiana?
Investing in Marengo, Indiana, particularly in properties under $200k, provides a great opportunity for investors seeking affordability and growth potential. With a low average cost of living and supportive local economic conditions, the region is becoming increasingly attractive for investors. Indiana offers a stable rental market, making it ideal for cash flow focused investments.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Marengo is approximately $1,000 per month, making it an attractive option for renters looking for affordable housing.
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