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REI Lense

Merrillville, IN Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Merrillville, IN. Based on 10+ datapoints.

Merrillville, IN Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

6%

Avg Cash on Cash

-4.9%

Median Cashflow

-$170/mo

Avg Rent Estimate

$2,165/mo

Avg Price

$272,100

Price Range

$175K – $400K

approximate

Rent to Price

0.8%

okay ratio

Positive Cashflow

10%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Merrillville, IN

Merrillville, IN is an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 6% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 10+ analyzed properties, the median monthly cashflow in Merrillville, IN is -$170 with average rents of $2,165/month. Properties are priced about $175,000 to $400,000, offering entry points across multiple investment budgets.

3035 W 57th Ave, Merrillville, IN 46410

Price

$261,300

Rent

$2,189

CachFlow

-$158

CoC

-3.46

Full Analysis

1470 W 84th Ave, Merrillville, IN 46410

Price

$300,000

Rent

$2,212

CachFlow

-$404

CoC

-7.7

Full Analysis

1950 W 60th Pl, Merrillville, IN 46410

Price

$245,000

Rent

$2,090

CachFlow

-$67

CoC

-1.56

Full Analysis

6833 Tyler St, Merrillville, IN 46410

Price

$259,900

Rent

$1,914

CachFlow

-$270

CoC

-5.94

Full Analysis

2560 W 61st Ave, Merrillville, IN 46410

Price

$271,500

Rent

$1,715

CachFlow

-$374

CoC

-7.87

Full Analysis
1–5 of 10+
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Merrillville, IN Rental Market Insights

  • Median cashflow is -$170/month — careful deal selection is essential here
  • 6% median cap rate reflects a balanced risk-return profile
  • At 10% positive cashflow rate, Merrillville, IN requires selective property picks
  • Moderately priced market with properties priced about $175,000 to $400,000
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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