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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Goodfield, IL
Listed for sale 7 days ago
$ 254,900
ROI
22.6
Cash Flow/m
202- 4 Bed
- 2 Bath
- 1852 sft
122 E Fisk St, Goodfield, IL, 61742
$ 290,000
ROI
23.7Cash Flow/m
318- 3 Bed
- 3 Bath
- 2000 sft
518 E Belaire Ct, Goodfield, IL, 61742
$ 429,000
ROI
28.0Cash Flow/m
982- 4 Bed
- 3 Bath
- 3000 sft
202 Valley Ct, Goodfield, IL, 61742
$ 142,000
ROI
27.5Cash Flow/m
306- 2 Bed
- 1 Bath
- 1148 sft
204 W Robinson St, Goodfield, IL, 61742
Why Invest in Goodfield, Illinois?
Investing in properties under $500k in Illinois can be a great opportunity due to the state's diverse economic landscape. Many towns like Goodfield have affordable entry points with potential for appreciation. Investors can expect reasonable rental yields and a steady demand for rental properties as more people seek affordable housing options.
7.5%
Avg. ROI
5.2%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average home price in Goodfield, IL is around $300k, making it an attractive option for first-time homebuyers and investors alike.
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