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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
Currently Rented
Rental Income
Listed for sale 1 day ago
$ 189,000
ROI
29.1
Cash Flow/m
489- 2 Bed
- 1 Bath
- 1283 sft
3720 W 116th St, Alsip, IL, 60803
Listed for sale 1 day ago
$ 199,900
ROI
21.9Cash Flow/m
121- 3 Bed
- 1 Bath
- 964 sft
11759 S Lavergne Ave, Alsip, IL, 60803
Fix & Flip
Listed for sale 6 days ago
$ 319,999
ROI
27.2Cash Flow/m
660- 3 Bed
- 2 Bath
- 1226 sft
12836 S Apple Ln, Alsip, IL, 60803
Fix & Flip
Motivated Seller
Listed for sale 6 days ago
$ 185,000
ROI
29.8Cash Flow/m
517- 2 Bed
- 2 Bath
- 1144 sft
11959 S Keeler Ave, 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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