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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Merrillville, IN
Listed for sale 3 days ago
$ 145,000
ROI
19.9
Cash Flow/m
6- 2 Bed
- 1 Bath
- 957 sft
6081 Pennsylvania Dr, Merrillville, IN, 46410
$ 170,000
ROI
25.5Cash Flow/m
272- 3 Bed
- 2 Bath
- 1332 sft
6833 Tyler St, Merrillville, IN, 46410
$ 175,000
ROI
26.1Cash Flow/m
311- 2 Bed
- 1 Bath
- 1026 sft
5400 Massachusetts St, Merrillville, IN, 46410
$ 157,000
ROI
20.4Cash Flow/m
29- 2 Bed
- 2 Bath
- 1144 sft
455 E 60th Pl, Merrillville, IN, 46410
Why Invest in Merrillville, Indiana?
Investing in Merrillville, IN offers great opportunities to find properties under $200k in a growing market. With a combination of affordable prices and a healthy rental yield of about 7%, investors can benefit from both cash flow and appreciation. The local economy is supported by major employers such as the nearby hospital and retail chains, making it an attractive destination for renters.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
In Merrillville, you can typically find single-family homes, townhouses, and some condos within the $200k range. These properties often appeal to both first-time homebuyers and investors looking for rental opportunities.
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