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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 4 days ago
$ 119,000
ROI
25.4
Cash Flow/m
186- 4 Bed
- 1 Bath
- 1000 sft
399 S Depot Street, Marengo, IN, 47140
$ 239,000
ROI
30.1Cash Flow/m
687- 3 Bed
- 2 Bath
- 1534 sft
10070 S County Road 680 E, Marengo, IN, 47140
$ 169,900
ROI
27.5Cash Flow/m
369- 3 Bed
- 2 Bath
- 1352 sft
3504 E County Road 1025 S, Marengo, IN, 47140
$ 225,000
ROI
21.2Cash Flow/m
92- 3 Bed
- 2 Bath
- 1152 sft
2941 E Bacon Ridge 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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