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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
$ 239,700
ROI
30.9
Cash Flow/m
741- 3 Bed
- 2 Bath
- 1635 sft
7654 Monroe St, Merrillville, IN, 46410
Listed for sale 1 day ago
$ 149,900
ROI
42.6Cash Flow/m
953- 2 Bed
- 1 Bath
- 1884 sft
1855 W 57th Ave, Merrillville, IN, 46410
Listed for sale 2 days ago
$ 334,999
ROI
27.4Cash Flow/m
712- 4 Bed
- 2 Bath
- 1887 sft
3701 W 79th Pl, Merrillville, IN, 46410
Listed for sale 3 days ago
$ 399,900
ROI
25.6Cash Flow/m
650- 4 Bed
- 3 Bath
- 3360 sft
2451 W 85th Ln, 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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