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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Hanover Park, IL
Listed for sale today
$ 270,000
ROI
20.4
Cash Flow/m
51- 2 Bed
- 2 Bath
- 1100 sft
1627 Liberty St #1627, Hanover Park, IL, 60133
Listed for sale 1 day ago
$ 250,000
ROI
27.5Cash Flow/m
540- 2 Bed
- 2 Bath
- 896 sft
1804 De Forest Ln, Hanover Park, IL, 60133
Listed for sale 1 day ago
$ 245,000
ROI
23.5Cash Flow/m
255- 2 Bed
- 2 Bath
- 1200 sft
1452 Bear Flag Dr #1, Hanover Park, IL, 60133
$ 260,000
ROI
26.0Cash Flow/m
455- 3 Bed
- 2 Bath
- 996 sft
1774 Goddard Ln, Hanover Park, IL, 60133
Why Invest in Hanover Park, Illinois?
Investing in Hanover Park, IL, can be particularly appealing for those looking for properties under $300k. The area has demonstrated a steady rental yield, coupled with an uptick in property values, making it a prime location for investors seeking balanced returns.
7.5%
Avg. ROI
6.2%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Hanover Park is approximately 6.2%. This figure indicates a strong return potential for rental properties in the area.
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