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

Property at 3910 E Mockingbird Ln, Byron, IL
Listed for sale 5 days ago
$ 385,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign601
  • 5 Bed
  • 4 Bath
  • 3116 sft
3910 E Mockingbird Ln, Byron, IL, 61010
Property at 5446 N River Rd, Byron, IL
Fix & Flip
Rental Income
$ 134,900
ROI
27.1ROI percentage
Cash Flow/m
Dollar sign276
  • 2 Bed
  • 1 Bath
  • 480 sft
5446 N River Rd, Byron, IL, 61010
Property at 850 Fieldcrest Dr, Byron, IL
$ 280,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign479
  • 3 Bed
  • 2 Bath
  • 1404 sft
850 Fieldcrest Dr, Byron, IL, 61010
Property at 1339 Glacier Dr, Byron, IL
$ 399,900
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign173
  • 5 Bed
  • 3 Bath
  • 3420 sft
1339 Glacier Dr, Byron, IL, 61010

Why Invest in Byron, Illinois?

Investing in properties under $500,000 in Illinois presents a unique opportunity for real estate investors. With affordable entry points, you can tap into the steady demand for rentals in the area. Investors can expect a competitive rental yield and strong cash flow potential in this price range.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

In Illinois, properties under $500,000 typically include single-family homes, townhomes, and sometimes multifamily units. These options cater to a wide range of investors looking for rental properties.

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