Under $500K 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?
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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