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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 1 day ago
$ 195,900
ROI
26.6
Cash Flow/m
372- 3 Bed
- 1 Bath
- 1843 sft
3328 E 73rd Ave, Merrillville, IN, 46410
$ 200,000
ROI
22.3Cash Flow/m
139- 3 Bed
- 1 Bath
- 1020 sft
58 Deerpath Rd, Merrillville, IN, 46410
$ 149,900
ROI
22.1Cash Flow/m
99- 2 Bed
- 2 Bath
- 1152 sft
6096 Maryland St, Merrillville, IN, 46410
Motivated Seller
$ 180,000
ROI
26.5Cash Flow/m
338- 3 Bed
- 2 Bath
- 1500 sft
5940 Hayes 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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