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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
Listed for sale 6 days ago
$ 169,000
ROI
32.1
Cash Flow/m
579- 3 Bed
- 2 Bath
- 1427 sft
318 S Main Street, Marengo, IN, 47140
Listed for sale 7 days ago
$ 239,000
ROI
21.8Cash Flow/m
133- 3 Bed
- 2 Bath
- 1421 sft
4210 E Bacon Hollow Road, Marengo, IN, 47140
Fix & Flip
$ 120,000
ROI
25.4Cash Flow/m
188- 3 Bed
- 2 Bath
- 1216 sft
7856 S County Road 575 E, Marengo, IN, 47140
$ 119,000
ROI
25.4Cash Flow/m
186- 4 Bed
- 1 Bath
- 1000 sft
399 S Depot 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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