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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

$ 137,000
ROI
31.5
Cash Flow/m
448- 3 Bed
- 1 Bath
- 1050 sft
223 S White Oak Circle, Marengo, IN, 47140

$ 100,000
ROI
54.0
Cash Flow/m
952- 4 Bed
- 2 Bath
- 1423 sft
355 W Cherry Street, Marengo, IN, 47140

Airbnb Potential
$ 239,900
ROI
24.0
Cash Flow/m
284- 3 Bed
- 2 Bath
- 2216 sft
3497 E County Road 910 S, Marengo, IN, 47140

$ 134,518
ROI
40.2
Cash Flow/m
766- 3 Bed
- 2 Bath
- 1386 sft
8131 S County Road 325 E, 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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