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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 2 days ago
$ 198,000
ROI
26.5
Cash Flow/m
374- 3 Bed
- 2 Bath
- 1737 sft
5418 Georgia St, 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
Listed for sale 5 days ago
$ 145,000
ROI
21.6Cash Flow/m
73- 2 Bed
- 2 Bath
- 1254 sft
2312 W 65th Ave, Merrillville, IN, 46410
$ 169,900
ROI
23.6Cash Flow/m
184- 2 Bed
- 2 Bath
- 1097 sft
8214 Lincoln Cir APT C, 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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