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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 1 day ago
$ 469,000
ROI
24.7
Cash Flow/m
647- 4 Bed
- 3 Bath
- 3504 sft
311 Briarwood Ln, Algonquin, IL, 60102
Listed for sale 1 day ago
$ 370,000
ROI
21.5Cash Flow/m
179- 3 Bed
- 4 Bath
- 1705 sft
2704 Bay View Cir #2704, Algonquin, IL, 60102
Listed for sale 2 days ago
$ 417,990
ROI
20.6Cash Flow/m
101- 3 Bed
- 3 Bath
- 2039 sft
2232 Stonegate Rd, Algonquin, IL, 60102
Fix & Flip
Listed for sale 3 days ago
$ 335,000
ROI
27.0Cash Flow/m
676- 3 Bed
- 2 Bath
- 1313 sft
1605 Powder Horn Dr, 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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