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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Good Hope, IL
$ 169,900
ROI
22.2
Cash Flow/m
115- 4 Bed
- 2 Bath
- 2540 sft
15315 N 2200th Rd, Good Hope, IL, 61438
$ 129,000
ROI
30.8Cash Flow/m
395- 3 Bed
- 1 Bath
- 1844 sft
240 S Monmouth St, Good Hope, IL, 61438
Fix & Flip
$ 115,000
ROI
22.1Cash Flow/m
76- 4 Bed
- 2 Bath
- 1680 sft
201 N Pine St, Good Hope, IL, 61438
$ 155,000
ROI
48.5Cash Flow/m
1241- 3 Bed
- 2 Bath
- 1252 sft
320 S Washington St, Good Hope, IL, 61438
Why Invest in Good Hope, Illinois?
Investing in Good Hope, IL offers great property opportunities under $500k. With a stable rental market, average cash flows are promising, and the community is seeing a modest appreciation rate that makes it attractive for long-term buy and hold investors. The current demand for rental properties ensures a significant renter-occupied rate, making it an ideal location for investment.
8.5%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental price in Good Hope is around $1,200 per month, making it an affordable option for many renters.
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