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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 7 days ago
$ 299,900
ROI
26.5
Cash Flow/m
565- 2 Bed
- 2 Bath
- 1408 sft
962 Inverrary Ln, Deerfield, IL, 60015
Fix & Flip
$ 389,000
ROI
20.7Cash Flow/m
103- 2 Bed
- 3 Bath
- 1328 sft
1440 Waukegan Rd, Deerfield, IL, 60015
$ 275,000
ROI
25.6Cash Flow/m
447- 2 Bed
- 1 Bath
- 1085 sft
608 Inverrary Ln #608, Deerfield, IL, 60015
$ 399,000
ROI
21.7Cash Flow/m
219- 2 Bed
- 1 Bath
- 1338 sft
1120 Elmwood Ave, 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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