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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Merrillville, IN
Listed for sale 1 day ago
$ 293,375
ROI
30.6
Cash Flow/m
889- 3 Bed
- 2 Bath
- 1760 sft
7108 Johnson St, Merrillville, IN, 46410
Listed for sale 1 day ago
$ 289,000
ROI
31.8Cash Flow/m
965- 3 Bed
- 2 Bath
- 2220 sft
5781 Adams St, Merrillville, IN, 46410
Listed for sale 2 days ago
$ 250,000
ROI
29.5Cash Flow/m
677- 2 Bed
- 2 Bath
- 2160 sft
5768 Roosevelt Pl, Merrillville, IN, 46410
Listed for sale 3 days ago
$ 145,000
ROI
19.9Cash Flow/m
6- 2 Bed
- 1 Bath
- 957 sft
6081 Pennsylvania Dr, 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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