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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 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
$ 425,000
ROI
22.7Cash Flow/m
349- 4 Bed
- 2 Bath
- 2250 sft
1421 Barron Lane, 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
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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