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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

$ 109,900
ROI
21.8
Cash Flow/m
63- 3 Bed
- 1 Bath
- 975 sft
402 Mason St, Chenoa, IL, 61726

$ 176,000
ROI
22.7
Cash Flow/m
144- 3 Bed
- 2 Bath
- 1340 sft
219 Scott St, Chenoa, IL, 61726

$ 129,900
ROI
37.3
Cash Flow/m
634- 1 Bed
- 1 Bath
- 1191 sft
403 W Owsley St, Chenoa, IL, 61726

$ 139,900
ROI
28.0
Cash Flow/m
323- 4 Bed
- 2 Bath
- 1792 sft
620 Mason 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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