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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Chenoa, IL

$ 109,900
ROI
21.8
Cash Flow/m
63- 3 Bed
- 1 Bath
- 975 sft
402 Mason St, Chenoa, IL, 61726

$ 176,000
ROI
22.7
Cash Flow/m
144- 3 Bed
- 2 Bath
- 1340 sft
219 Scott St, Chenoa, IL, 61726

$ 129,900
ROI
37.3
Cash Flow/m
634- 1 Bed
- 1 Bath
- 1191 sft
403 W Owsley St, Chenoa, IL, 61726

$ 139,900
ROI
28.0
Cash Flow/m
323- 4 Bed
- 2 Bath
- 1792 sft
620 Mason St, Chenoa, IL, 61726
Why Invest in Chenoa, Illinois?
Investing in Chenoa, IL, offers remarkable opportunities for properties under $200k, tapping into a growing market with affordable options. With an average cash flow that appeals to investors seeking rental properties, this location boasts a solid appreciation potential. The demand for affordable housing positions Chenoa as a lucrative option.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Chenoa, IL, is approximately 10%. This makes it an attractive area for investors looking to maximize returns on rental properties.
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