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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
30.1
Cash Flow/m
687- 3 Bed
- 2 Bath
- 1534 sft
10070 S County Road 680 E, Marengo, IN, 47140

$ 169,900
ROI
27.5
Cash Flow/m
369- 3 Bed
- 2 Bath
- 1352 sft
3504 E County Road 1025 S, Marengo, IN, 47140

$ 225,000
ROI
21.2
Cash Flow/m
92- 3 Bed
- 2 Bath
- 1152 sft
2941 E Bacon Ridge Road, Marengo, IN, 47140
Why Invest in Marengo, Indiana?
Marengo, IN offers unique investment opportunities, especially for properties under $500k. With an average ROI of around 8% and a rental yield of 6%, investors can find attractive options here. Furthermore, the area is experiencing a steady appreciation rate, making it a promising choice for long-term gains.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Marengo is approximately $1300 per month, depending on the property type and location.
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