Investment Properties Under $200K in Marengo, IN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Marengo, IN

Property at 318 S Main Street, Marengo, IN
Listed for sale 6 days ago
$ 169,000
ROI
32.1ROI percentage
Cash Flow/m
Dollar sign579
  • 3 Bed
  • 2 Bath
  • 1427 sft
318 S Main Street, Marengo, IN, 47140
Property at 7856 S County Road 575 E, Marengo, IN
Fix & Flip
$ 120,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign188
  • 3 Bed
  • 2 Bath
  • 1216 sft
7856 S County Road 575 E, Marengo, IN, 47140
Property at 399 S Depot Street, Marengo, IN
$ 119,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign186
  • 4 Bed
  • 1 Bath
  • 1000 sft
399 S Depot Street, Marengo, IN, 47140
Property at 261 S Main Street, Marengo, IN
$ 100,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign161
  • 3 Bed
  • 2 Bath
  • 1200 sft
261 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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