Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Merrillville, IN
Listed for sale 5 days ago
$ 165,000
ROI
21.9
Cash Flow/m
100- 2 Bed
- 2 Bath
- 1142 sft
8220 Lincoln Cir APT B, Merrillville, IN, 46410
$ 199,900
ROI
26.8Cash Flow/m
394- 3 Bed
- 1 Bath
- 1152 sft
5377 Cleveland Ln, Merrillville, IN, 46410
Fix & Flip
$ 170,000
ROI
26.7Cash Flow/m
330- 3 Bed
- 1 Bath
- 1040 sft
6150 Virginia St, Merrillville, IN, 46410
$ 197,700
ROI
25.2Cash Flow/m
299- 2 Bed
- 1 Bath
- 1416 sft
7927 Taney 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.
Find Your Perfect Investment Property in Merrillville, Indiana
Explore investment opportunities by strategy, performance, or property type
