Under $200K Investment Properties for Sale in Hoopeston, IL
$ 108,000
ROI
28.8
Cash Flow/m
271- 3 Bed
- 1 Bath
- 1950 sft
710 E Main St, Hoopeston, IL, 60942
$ 200,000
ROI
26.9Cash Flow/m
400- 4 Bed
- 2 Bath
- 2250 sft
702 Wilson Ave, Hoopeston, IL, 60942
$ 104,900
ROI
29.1Cash Flow/m
273- 2 Bed
- 1 Bath
- 950 sft
816 S 5th St, Hoopeston, IL, 60942
Motivated Seller
$ 119,900
ROI
25.4Cash Flow/m
188- 3 Bed
- 2 Bath
- 1700 sft
701 W Washington St, Hoopeston, IL, 60942
Why Invest in Hoopeston, Illinois?
Investing in properties under $200k in Hoopeston, IL, can provide remarkable opportunities for new investors. With an average cap rate of around 8% and rental yields near 10%, it's a market that offers solid cash flow potential. The local economy is supported by key employers in agriculture and retail, making it a stable area for investment.
7.5%
Avg. ROI
10%
Rental Yield
8%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average home price in Hoopeston is currently around $120,000, which provides accessibility for many first-time homebuyers and real estate investors looking for affordable options.
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