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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Marengo, IN
$ 137,000
ROI
31.5
Cash Flow/m
448- 3 Bed
- 1 Bath
- 1050 sft
223 S White Oak Circle, Marengo, IN, 47140
$ 100,000
ROI
54.0Cash Flow/m
952- 4 Bed
- 2 Bath
- 1423 sft
355 W Cherry Street, Marengo, IN, 47140
Airbnb Potential
$ 239,900
ROI
24.0Cash Flow/m
284- 3 Bed
- 2 Bath
- 2216 sft
3497 E County Road 910 S, Marengo, IN, 47140
$ 134,518
ROI
40.2Cash Flow/m
766- 3 Bed
- 2 Bath
- 1386 sft
8131 S County Road 325 E, Marengo, IN, 47140
Why Invest in Marengo, Indiana?
Investing in Marengo, Indiana, especially in properties under $300k, could yield significant returns. With a favorable market for rental properties, investors can benefit from steady cash flow and appreciation over time. Marengo's economic growth supports robust rental demand, making it an attractive option for savvy investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Marengo is approximately $1,200 per month, making it an affordable option for renters and a viable investment opportunity.
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