Investment Properties Under $200K in Hoopeston, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Hoopeston, IL

Property at 926 S 6th Ave, Hoopeston, IL
Listed for sale 4 days ago
$ 110,000
ROI
28.1ROI percentage
Cash Flow/m
Dollar sign257
  • 3 Bed
  • 1 Bath
  • 1250 sft
926 S 6th Ave, Hoopeston, IL, 60942
Property at 701 W Washington St, Hoopeston, IL
Motivated Seller
$ 119,900
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign188
  • 3 Bed
  • 2 Bath
  • 1700 sft
701 W Washington St, Hoopeston, IL, 60942
Property at 319 Cedar St, Hoopeston, IL
$ 129,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign136
  • 3 Bed
  • 2 Bath
  • 1440 sft
319 Cedar St, Hoopeston, IL, 60942
Property at 845 E Washington St, Hoopeston, IL
$ 139,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign56
  • 4 Bed
  • 3 Bath
  • 1500 sft
845 E 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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