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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Merrillville, IN
Listed for sale 1 day ago
$ 289,000
ROI
31.8
Cash Flow/m
965- 3 Bed
- 2 Bath
- 2220 sft
5781 Adams St, Merrillville, IN, 46410
Listed for sale 2 days ago
$ 250,000
ROI
29.5Cash Flow/m
677- 2 Bed
- 2 Bath
- 2160 sft
5768 Roosevelt Pl, Merrillville, IN, 46410
Listed for sale 3 days ago
$ 145,000
ROI
19.9Cash Flow/m
6- 2 Bed
- 1 Bath
- 957 sft
6081 Pennsylvania Dr, Merrillville, IN, 46410
Listed for sale 4 days ago
$ 265,000
ROI
33.5Cash Flow/m
1015- 3 Bed
- 2 Bath
- 1648 sft
6878 Marsh View St, Merrillville, IN, 46410
Why Invest in Merrillville, Indiana?
Investing in Merrillville, IN, particularly in rental properties, can yield promising returns. The local market currently showcases an average rental yield of 7%, which underscores its appeal for rental-focused investors. Moreover, with a steady appreciation rate of 3% and a vibrant job market anchored by major employers in the region, it's an ideal time to consider properties in this community.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Merrillville is approximately $1,200 per month. This average has been steadily increasing due to high demand in the rental market.
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