Under $300K Investment Properties for Sale in Merrillville, IN
Listed for sale 1 day ago
$ 245,000
ROI
23.3
Cash Flow/m
242- 3 Bed
- 2 Bath
- 1450 sft
1950 W 60th Pl, Merrillville, IN, 46410
Listed for sale 3 days ago
$ 294,995
ROI
23.1Cash Flow/m
273- 3 Bed
- 3 Bath
- 1616 sft
7185 Grant St, Merrillville, IN, 46410
Listed for sale 3 days ago
$ 281,685
ROI
21.3Cash Flow/m
123- 3 Bed
- 2 Bath
- 1469 sft
7083 Johnson St, Merrillville, IN, 46410
Listed for sale 3 days ago
$ 291,635
ROI
23.4Cash Flow/m
293- 2 Bed
- 2 Bath
- 1292 sft
7076 Johnson St, Merrillville, IN, 46410
Why Invest in Merrillville, Indiana?
Investing in Merrillville, IN offers opportunities for properties under $300k, making it a prime location for budget-conscious investors. With a steady rental demand and favorable appreciation rates, this area shows promise for generating consistent cash flow. The thriving employment scene and affordable living costs make Merrillville attractive for new residents.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Merrillville is approximately $1,200 per month, making it accessible for a wide range of tenants.
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