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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Algonquin, IL
Listed for sale today
$ 375,000
ROI
23.6
Cash Flow/m
399- 3 Bed
- 2 Bath
- 1530 sft
1940 Honey Locust Dr, Algonquin, IL, 60102
Listed for sale 1 day ago
$ 465,000
ROI
23.0Cash Flow/m
423- 3 Bed
- 4 Bath
- 1716 sft
159 Wildwood Rd, Algonquin, IL, 60102
Listed for sale 1 day ago
$ 245,000
ROI
24.4Cash Flow/m
317- 2 Bed
- 2 Bath
- 900 sft
2 Stonegate Ct, Algonquin, IL, 60102
Listed for sale 1 day ago
$ 314,900
ROI
23.7Cash Flow/m
345- 3 Bed
- 2 Bath
- 1560 sft
9925 Amanda Ln, Algonquin, IL, 60102
Why Invest in Algonquin, Illinois?
Invest in Algonquin, IL, where you can find properties priced under $500k. The area offers a strong rental market with an impressive average rental yield and steady appreciation. With affordable property prices, investors can tap into a community with growing job opportunities and attractive living conditions.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Algonquin is approximately 6%. This provides a solid return on investment for landlords looking for rental properties in the area.
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