Under $300K Investment Properties for Sale in Marengo, IN
$ 234,000
ROI
22.1
Cash Flow/m
151- 3 Bed
- 2 Bath
- 1421 sft
4210 E Bacon Hollow Road, Marengo, IN, 47140
Fix & Flip
$ 129,000
ROI
25.9Cash 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
$ 209,900
ROI
30.9Cash Flow/m
648- 3 Bed
- 2 Bath
- 1248 sft
4114 E Miller Road, 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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