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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Merrillville, IN
Rental Income
Listed for sale 1 day ago
$ 300,000
ROI
30.8
Cash Flow/m
923- 3 Bed
- 2 Bath
- 2336 sft
1325 W 75th Pl, Merrillville, IN, 46410
Listed for sale 2 days ago
$ 198,000
ROI
26.5Cash Flow/m
374- 3 Bed
- 2 Bath
- 1737 sft
5418 Georgia St, Merrillville, IN, 46410
Listed for sale 2 days ago
$ 349,900
ROI
26.6Cash Flow/m
664- 3 Bed
- 3 Bath
- 2918 sft
2799 W 84th Ln, Merrillville, IN, 46410
Listed for sale 5 days ago
$ 165,000
ROI
21.9Cash Flow/m
97- 2 Bed
- 2 Bath
- 1271 sft
2306 W 65th Ave, 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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