Under $200K Investment Properties for Sale in Merrillville, IN

Property at 5510 Grant St, Merrillville, IN
Fix & Flip
Listed for sale 7 days ago
$ 130,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign224
  • 3 Bed
  • 1 Bath
  • 1102 sft
5510 Grant St, Merrillville, IN, 46410
Property at 7005 Broadway, Merrillville, IN
Listed for sale 7 days ago
$ 174,900
ROI
26.2ROI percentage
Cash Flow/m
Dollar sign314
  • 3 Bed
  • 1 Bath
  • 1384 sft
7005 Broadway, Merrillville, IN, 46410
Property at 5410 Marcella Rd, Merrillville, IN
Listed for sale 7 days ago
$ 199,988
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign397
  • 2 Bed
  • 2 Bath
  • 1628 sft
5410 Marcella Rd, Merrillville, IN, 46410
Property at 6053 Virginia St, Merrillville, IN
$ 155,000
ROI
19.9ROI percentage
Cash Flow/m
Dollar sign5
  • 3 Bed
  • 2 Bath
  • 1390 sft
6053 Virginia St, 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.

Find Your Perfect Investment Property in Merrillville, Indiana

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