Investment Properties Under $200K in Chenoa, IL | Ziffy.ai
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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

Property at 507 E Cemetery Ave, Chenoa, IL
$ 110,000
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign83
  • 2 Bed
  • 2 Bath
  • 1100 sft
507 E Cemetery Ave, Chenoa, IL, 61726
Property at 301 N 2nd Ave, Chenoa, IL
$ 134,900
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign113
  • 3 Bed
  • 1 Bath
  • 1136 sft
301 N 2nd Ave, Chenoa, IL, 61726
Property at 429 W Owsley St, Chenoa, IL
Fix & Flip
$ 139,900
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign164
  • 3 Bed
  • 1 Bath
  • 2096 sft
429 W Owsley St, Chenoa, IL, 61726
Property at 1017 Florence Ave, Chenoa, IL
Fix & Flip
$ 184,900
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign109
  • 3 Bed
  • 2 Bath
  • 1150 sft
1017 Florence Ave, 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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