Investment Properties Under $500K in Chenoa, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K 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 215 Lincoln St, Chenoa, IL
$ 298,500
ROI
19.8ROI percentage
Cash Flow/m
Dollar sign5
  • 2 Bed
  • 2 Bath
  • 3220 sft
215 Lincoln St, Chenoa, IL, 61726

Why Invest in Chenoa, Illinois?

Investing in Chenoa, IL, offers unique opportunities for those looking to purchase properties under $500k. With a solid rental yield and attractive cap rates, this market is poised for further appreciation as demand increases. The area's affordable home prices combined with strong community growth trends make it an ideal place for savvy investors.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Chenoa, IL, is currently around 6%, making it a lucrative option for investors.

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