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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Deerfield, IL

Listed for sale today
$ 425,000
ROI
29.9
Cash Flow/m
1195- 4 Bed
- 2 Bath
- 1611 sft
1032 Sheridan Ave, Deerfield, IL, 60015

Listed for sale 3 days ago
$ 449,900
ROI
21.1
Cash Flow/m
163- 3 Bed
- 3 Bath
- 1856 sft
534 Hummingbird Ln, Deerfield, IL, 60015

Listed for sale 6 days ago
$ 495,000
ROI
22.7
Cash Flow/m
407- 3 Bed
- 2 Bath
- 1876 sft
742 Pine St, Deerfield, IL, 60015

$ 299,500
ROI
22.2
Cash Flow/m
201- 2 Bed
- 2 Bath
- 992 sft
728 Inverrary Ln, Deerfield, IL, 60015
Why Invest in Deerfield, Illinois?
Investing in properties under $500K in Deerfield, IL offers unique opportunities for high rental yields and solid ROI. With a growing demand for affordable housing and strong community amenities, this area attracts a variety of renters looking for quality housing options. The average rent here is competitive, making it an appealing market for investors keen on maximizing their cash flow.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Deerfield under $500K is approximately $1,800, making it competitive for investors targeting rental revenue.
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