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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
$ 109,900
ROI
21.8
Cash Flow/m
63- 3 Bed
- 1 Bath
- 975 sft
402 Mason St, Chenoa, IL, 61726
$ 176,000
ROI
22.7Cash Flow/m
144- 3 Bed
- 2 Bath
- 1340 sft
219 Scott St, Chenoa, IL, 61726
$ 129,900
ROI
37.3Cash Flow/m
634- 1 Bed
- 1 Bath
- 1191 sft
403 W Owsley St, Chenoa, IL, 61726
$ 139,900
ROI
28.0Cash Flow/m
323- 4 Bed
- 2 Bath
- 1792 sft
620 Mason St, 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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