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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
Listed for sale 4 days ago
$ 144,500
ROI
20.2
Cash Flow/m
18- 4 Bed
- 2 Bath
- 2350 sft
712 E Washington St, Hoopeston, IL, 60942
Motivated Seller
$ 114,900
ROI
26.7Cash Flow/m
223- 3 Bed
- 1 Bath
- 1348 sft
502 W Elm St, Hoopeston, IL, 60942
$ 135,000
ROI
22.0Cash Flow/m
84- 4 Bed
- 2 Bath
- 2242 sft
518 S Market St, Hoopeston, IL, 60942
$ 180,000
ROI
25.7Cash Flow/m
296- 3 Bed
- 2 Bath
- 1778 sft
726 E Thompson Ave, 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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