Merrillville Investment Analysis
Investment Property in Merrillville, IN
Merrillville, IN Real Estate Investment Performance
$ 239,900
Median
1,698
Avg/Sq.ft.
6.00%
Traditional
4.00%
Airbnb
25
Investment
12
Airbnb
15
Traditional
61%
Airbnb occupancy rate
Merrillville, IN Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Merrillville, IN
$239,405
MLS 534723
Townhouse
CAP RATE
Trad.
5.51%
Airbnb
5.90%
$160,000
MLS 538708
Single Family Residential
CAP RATE
Trad.
9.96%
Airbnb
5.50%
$174,900
MLS 537303
Single Family Residential
CAP RATE
Trad.
8.69%
Airbnb
5.30%
$180,000
MLS 538557
Single Family Residential
CAP RATE
Trad.
8.10%
Airbnb
4.78%
$184,900
MLS 537512
Single Family Residential
CAP RATE
Trad.
9.54%
Airbnb
4.63%
$204,900
MLS 528204
Single Family Residential
CAP RATE
Trad.
7.01%
Airbnb
4.26%
$205,000
MLS 528772
Single Family Residential
CAP RATE
Trad.
6.11%
Airbnb
4.07%
$233,000
MLS 528373
Single Family Residential
CAP RATE
Trad.
5.99%
Airbnb
3.53%
Single Family Houses for Sale in Merrillville, IN
$160,000
MLS 538708
Single Family Residential
CAP RATE
Trad.
9.96%
Airbnb
5.50%
$174,900
MLS 537303
Single Family Residential
CAP RATE
Trad.
8.69%
Airbnb
5.30%
$180,000
MLS 538557
Single Family Residential
CAP RATE
Trad.
8.10%
Airbnb
4.78%
$184,900
MLS 537512
Single Family Residential
CAP RATE
Trad.
9.54%
Airbnb
4.63%
$204,900
MLS 528204
Single Family Residential
CAP RATE
Trad.
7.01%
Airbnb
4.26%
$205,000
MLS 528772
Single Family Residential
CAP RATE
Trad.
6.11%
Airbnb
4.07%
$233,000
MLS 528373
Single Family Residential
CAP RATE
Trad.
5.99%
Airbnb
3.53%
$239,900
MLS 529347
Single Family Residential
CAP RATE
Trad.
6.06%
Airbnb
3.37%
Top Merrillville, IN Neighborhoods - Real Estate Market Analysis
Merrillville
$225,000
Median for city
5.67%
Traditional
7.35%
Airbnb
$ 1,405
Traditional
$ 2,053
Airbnb
60%
Airbnb occupancy rate
Popular Blog Posts
Popular Airbnb Topics
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![%=topPerformingBlogs[i].title%>](https://images.mashvisor.com/40X40/C/https://www.mashvisor.com/blog/wp-content/uploads/2023/05/airbnb-api-585x390.jpg)
![%=topPerformingBlogs[i].title%>](https://images.mashvisor.com/40X40/C/https://www.mashvisor.com/blog/wp-content/uploads/2023/04/short-term-rental-llc-585x390.jpg)
Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Merrillville, IN
$75 per night
Airbnb occupancy rate 74%
Guest suite 1 · 1 · 4
Rental Income: $1,681 per month
188
$74 per night
Airbnb occupancy rate 77%
Apartment 1 · 1 · 4
Rental Income: $1,739 per month
90
$78 per night
Airbnb occupancy rate 69%
Cabin 1 · 1 · 2
Rental Income: $1,638 per month
85
$145 per night
Airbnb occupancy rate 73%
House 2 · 1 · 6
Rental Income: $3,234 per month
63
$99 per night
Airbnb occupancy rate 80%
House 3 · 1.5 · 10
Rental Income: $2,409 per month
42
$78 per night
Airbnb occupancy rate 84%
Apartment 2 · 1 · 6
Rental Income: $1,983 per month
35
$160 per night
Airbnb occupancy rate 52%
Townhouse 2 · 2 · 8
Rental Income: $2,528 per month
34
$285 per night
Airbnb occupancy rate 24%
House 3 · 1.5 · 11
Rental Income: $2,122 per month
32
Real Estate Investment Analysis - Other Cities in indiana
| City Name | Property price | Cash on cash return | Rental Income | No. of Properties | Airbnb Occupancy Rate | ||
|---|---|---|---|---|---|---|---|
| Median | traditional | Airbnb | traditional | Airbnb | |||
| Lafayette | $274,900 | 4% | 8% | $1,697 | $3,094 | 169 | 69% |
| Dyer | $340,000 | 4% | 7% | $2,197 | $3,143 | 17 | 67% |
| Cedar Lake | $385,500 | 5% | 7% | $2,159 | $4,425 | 41 | 64% |
| Hammond | $162,400 | 7% | 9% | $1,391 | $1,806 | 32 | 61% |
| Indianapolis | $259,900 | 4% | 6% | $1,603 | $2,506 | 1,343 | 58% |
| Decatur | $167,850 | 6% | 4% | $1,674 | $1,471 | 28 | 56% |
| Fort Wayne | $279,900 | 5% | 5% | $1,848 | $2,276 | 851 | 54% |
| Schererville | $380,783 | 4% | 4% | $2,252 | $2,541 | 24 | 54% |
| Leo | $487,437 | 3% | 3% | $2,221 | $2,398 | 28 | 54% |
| Bloomington | $379,900 | 4% | 5% | $2,108 | $4,206 | 345 | 52% |
| Wakarusa | $339,900 | 3% | 2% | $2,035 | $1,730 | 11 | 51% |
| Winamac | $200,000 | 6% | 12% | $1,687 | $3,479 | 14 | 50% |
| Plymouth | $210,000 | 5% | 7% | $1,664 | $2,478 | 25 | 49% |
| New Carlisle | $217,500 | 4% | 8% | $1,311 | $2,288 | 10 | 42% |
| Garrett | $292,000 | 5% | 5% | $1,925 | $2,167 | 21 | 42% |
| Knox | $220,000 | 6% | 2% | $1,674 | $1,180 | 21 | 39% |
Vacation Rentals for Sale in indiana
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