Townhouse Investment Properties for Sale in Merrillville, IN
Listed for sale 3 days ago
$ 294,995
ROI
23.1
Cash Flow/m
273- 3 Bed
- 3 Bath
- 1616 sft
7185 Grant St, Merrillville, IN, 46410
Listed for sale 6 days ago
$ 262,000
ROI
25.7Cash Flow/m
431- 3 Bed
- 3 Bath
- 1444 sft
2454 E 68th Ave, Merrillville, IN, 46410
$ 155,000
ROI
19.9Cash Flow/m
5- 3 Bed
- 2 Bath
- 1390 sft
6053 Virginia St, Merrillville, IN, 46410
$ 168,000
ROI
20.6Cash Flow/m
40- 3 Bed
- 2 Bath
- 1484 sft
6066 Virginia St, Merrillville, IN, 46410
Why Invest in Merrillville, Indiana?
Investing in townhouses in Merrillville, IN, presents a unique opportunity due to the area's stable rental market. With an average rental yield of 6.5% and an annual appreciation rate of 4%, investors can expect solid returns. The demand for rental housing is bolstered by a growing population and a favorable employment climate.
7%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for a townhouse in Merrillville is around $1,200 per month. This reflects the steady demand for rental properties in the area.
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