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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Groveland, IL
$ 270,000
ROI
25.4
Cash Flow/m
423- 4 Bed
- 2 Bath
- 1997 sft
427 Towne Rd, Groveland, IL, 61535
$ 229,900
ROI
28.8Cash Flow/m
576- 4 Bed
- 2 Bath
- 1909 sft
135 Bessler Lake Dr, Groveland, IL, 61535
$ 205,000
ROI
24.0Cash Flow/m
244- 4 Bed
- 1 Bath
- 1387 sft
19294 Springfield Rd, Groveland, IL, 61535
$ 174,900
ROI
28.5Cash Flow/m
427- 3 Bed
- 1 Bath
- 1288 sft
19314 Springfield Rd, Groveland, IL, 61535
Why Invest in Groveland, Illinois?
Investing in Groveland, IL under $500k provides an attractive opportunity for real estate investors. With a growing economy and a steady influx of residents, this area shows potential for rental income and property appreciation. The average rental yield stands at a competitive rate, making it a smart choice for investors seeking solid cash flow.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Groveland offers a compelling mix of rental income potential and property appreciation. With steady job growth and an influx of new residents, the demand for housing remains strong.
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