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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
$ 149,900
ROI
42.6
Cash Flow/m
953- 2 Bed
- 1 Bath
- 1884 sft
1855 W 57th Ave, Merrillville, IN, 46410
Listed for sale 7 days ago
$ 199,900
ROI
25.2Cash Flow/m
304- 2 Bed
- 2 Bath
- 1628 sft
5410 Marcella Rd, Merrillville, IN, 46410
$ 159,900
ROI
26.2Cash Flow/m
287- 3 Bed
- 1 Bath
- 1203 sft
5961 Hayes Pl, Merrillville, IN, 46410
$ 175,000
ROI
26.4Cash Flow/m
322- 3 Bed
- 2 Bath
- 2002 sft
3 Sunset Rd, 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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