Investment Properties Under $500K in Alsip, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Alsip, IL

Property at 11549 S Lee Rd, Alsip, IL
Listed for sale 3 days ago
$ 265,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign15
  • 4 Bed
  • 2 Bath
  • 2101 sft
11549 S Lee Rd, Alsip, IL, 60803
Property at 4844 W 121st Pl, Alsip, IL
Listed for sale 6 days ago
$ 389,900
ROI
21.4ROI percentage
Cash Flow/m
Dollar sign176
  • 3 Bed
  • 2 Bath
  • 1321 sft
4844 W 121st Pl, Alsip, IL, 60803
Property at 11436 S Magnolia Ln, Alsip, IL
$ 399,900
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign655
  • 3 Bed
  • 3 Bath
  • 1910 sft
11436 S Magnolia Ln, Alsip, IL, 60803
Property at 12840 S Blossom Dr, Alsip, IL
$ 349,999
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign452
  • 3 Bed
  • 2 Bath
  • 1525 sft
12840 S Blossom Dr, Alsip, IL, 60803

Why Invest in Alsip, Illinois?

Investing in Alsip, IL, under $500k offers a strong opportunity for real estate investors looking for affordable properties with favorable returns. The area boasts steady demand for rental units, contributing to a competitive rental market. With an average rental yield above the national average and consistent property appreciation, investors can see promising returns on investment.

8.5%
Avg. ROI
6%
Rental Yield
7.2%
Cap Rate
$200/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

In Alsip, you can find a variety of properties including single-family homes, townhouses, and condos. Many of these properties are well-suited for both first-time buyers and investors looking for rental opportunities.

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