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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

$ 205,500
ROI
25.3
Cash Flow/m
314- 3 Bed
- 2 Bath
- 1386 sft
8131 S Co RD 325 E, Marengo, IN, 47140

$ 209,900
ROI
30.9
Cash Flow/m
648- 3 Bed
- 2 Bath
- 1248 sft
4114 E Miller Road, Marengo, IN, 47140

$ 115,000
ROI
25.8
Cash Flow/m
192- 1 Bed
- 1 Bath
- 988 sft
2803 S State Road 66, Marengo, IN, 47140

$ 169,000
ROI
32.1
Cash Flow/m
579- 3 Bed
- 2 Bath
- 1427 sft
318 S Main Street, 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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