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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Hoopeston, IL
Listed for sale 4 days ago
$ 110,000
ROI
28.1
Cash Flow/m
257- 3 Bed
- 1 Bath
- 1250 sft
926 S 6th Ave, 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
$ 129,000
ROI
23.5Cash Flow/m
136- 3 Bed
- 2 Bath
- 1440 sft
319 Cedar St, Hoopeston, IL, 60942
$ 139,000
ROI
21.2Cash Flow/m
56- 4 Bed
- 3 Bath
- 1500 sft
845 E Washington St, Hoopeston, IL, 60942
Why Invest in Hoopeston, Illinois?
Investing in properties under $500k in Hoopeston, IL, presents a unique opportunity for real estate investors. With a competitive real estate market, a solid average rental yield, and a strong community, this locale holds promise for cash flow and appreciation. Investors can expect attractive metrics like reasonable cap rates and solid rental demand.
8.5%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
As of now, the average rent for properties in Hoopeston is around $900, making it an attractive market for renters and investors alike.
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