Under $500K Investment Properties for Sale in Deerfield, IL

Listed for sale 5 days ago
$ 285,000
ROI
23.2
Cash Flow/m
271- 2 Bed
- 2 Bath
- 992 sft
336 Inverrary Ln, Deerfield, IL, 60015

Listed for sale 5 days ago
$ 300,000
ROI
26.8
Cash Flow/m
589- 1 Bed
- 3 Bath
- 1112 sft
812 Chestnut St Unit B, Deerfield, IL, 60015

$ 329,900
ROI
23.5
Cash Flow/m
345- 2 Bed
- 3 Bath
- 1386 sft
357 Kildeer Ln #357, Deerfield, IL, 60015

$ 475,000
ROI
23.9
Cash Flow/m
545- 3 Bed
- 2 Bath
- 1852 sft
23493 N Wildwood 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.
Find Your Perfect Investment Property in Deerfield, Illinois
Explore investment opportunities by strategy, performance, or property type
