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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 3 days ago
$ 395,000
ROI
22.1
Cash Flow/m
260- 3 Bed
- 2 Bath
- 1810 sft
660 Juniper Cir, Algonquin, IL, 60102
Listed for sale 4 days ago
$ 294,900
ROI
27.8Cash Flow/m
661- 3 Bed
- 2 Bath
- 1176 sft
1010 Wesley Ln, Algonquin, IL, 60102
Listed for sale 4 days ago
$ 389,900
ROI
22.5Cash Flow/m
296- 3 Bed
- 2 Bath
- 1420 sft
650 Butterfield Dr, Algonquin, IL, 60102
Fix & Flip
Listed for sale 4 days ago
$ 419,900
ROI
28.7Cash Flow/m
1043- 4 Bed
- 3 Bath
- 2283 sft
1600 Huntington Dr N, 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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