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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Groveland, IL

$ 174,900
ROI
28.5
Cash Flow/m
427- 3 Bed
- 1 Bath
- 1288 sft
19314 Springfield Rd, Groveland, IL, 61535

$ 135,000
ROI
21.9
Cash Flow/m
81- 2 Bed
- 1 Bath
- 992 sft
357 Bessler Lake Dr, Groveland, IL, 61535

$ 198,500
ROI
23.2
Cash Flow/m
189- 3 Bed
- 2 Bath
- 1672 sft
238 Sharen St, Groveland, IL, 61535

$ 199,900
ROI
28.5
Cash Flow/m
487- 2 Bed
- 1 Bath
- 1530 sft
352 Whispering Oaks Dr, Groveland, IL, 61535
Why Invest in Groveland, Illinois?
Investing in Groveland, Illinois offers excellent opportunities, especially for properties under $200k. With a favorable rental yield and rising rental prices, investors can expect solid returns. The area's growth in employment and gradual appreciation of home values make it an appealing choice for real estate investments.
8.5%
Avg. ROI
7.2%
Rental Yield
6.1%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Properties in Groveland, especially those under $200k, offer a variety of options for investors. The average home price aligns well with current market trends, catering to diverse investment budgets.
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