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 403 W Owsley St, Chenoa, IL
Listed for sale 5 days ago
$ 129,900
ROI
37.3ROI percentage
Cash Flow/m
Dollar sign634
  • 1 Bed
  • 1 Bath
  • 1191 sft
403 W Owsley St, Chenoa, IL, 61726
Property at 620 Mason St, Chenoa, IL
$ 139,900
ROI
28.0ROI percentage
Cash Flow/m
Dollar sign323
  • 4 Bed
  • 2 Bath
  • 1792 sft
620 Mason St, Chenoa, IL, 61726
Property at 501 Michael Dr, Chenoa, IL
$ 129,900
ROI
26.2ROI percentage
Cash Flow/m
Dollar sign233
  • 3 Bed
  • 2 Bath
  • - sft
501 Michael Dr, Chenoa, IL, 61726
Property at 525 Grant St, Chenoa, IL
Fix & Flip
$ 147,500
ROI
32.2ROI percentage
Cash Flow/m
Dollar sign510
  • 3 Bed
  • 1 Bath
  • 1012 sft
525 Grant 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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