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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Chenoa, IL
$ 110,000
ROI
22.5
Cash Flow/m
83- 2 Bed
- 2 Bath
- 1100 sft
507 E Cemetery Ave, Chenoa, IL, 61726
$ 134,900
ROI
22.8Cash Flow/m
113- 3 Bed
- 1 Bath
- 1136 sft
301 N 2nd Ave, Chenoa, IL, 61726
Fix & Flip
$ 139,900
ROI
24.0Cash Flow/m
164- 3 Bed
- 1 Bath
- 2096 sft
429 W Owsley St, Chenoa, IL, 61726
Fix & Flip
$ 184,900
ROI
21.9Cash Flow/m
109- 3 Bed
- 2 Bath
- 1150 sft
1017 Florence Ave, Chenoa, IL, 61726
Why Invest in Chenoa, Illinois?
Investing in Chenoa, IL, opens up opportunities for real estate under $300k, making it accessible for first-time investors. With a balanced housing market, investors can expect a steady appreciation rate and rental yields that attract long-term renters. The community's small-town charm and affordability contribute to its growing appeal.
7%
Avg. ROI
5%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Chenoa, IL is around $1,200, making it accessible for many families and individuals. This steady rental price contributes to the area's appeal for investors.
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