I would think you could find a good 50-70 for around a grand if you are patient and dilligent.
On my local CL there is a Merc 50 for $350, and several others for $750 or less right now, freshwater motors...but who knows how good they are, you are just gonna have to spend the time to look at a lot of motors.
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Sold - 1984 V-20 Cuddy with a 2003 Johnson 140 hp gas sippin 4-stroke.
1995 Ranger 250C with a 2015 Suzuki 300 hp 4-stroke.
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