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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Hopedale, IL
$ 175,000
ROI
23.2
Cash Flow/m
169- 4 Bed
- 2 Bath
- 2016 sft
25909 Longview Rd, Hopedale, IL, 61747
$ 280,000
ROI
25.6Cash Flow/m
454- 3 Bed
- 2 Bath
- 1515 sft
7473 Sparrow Rd, Hopedale, IL, 61747
$ 135,000
ROI
36.7Cash Flow/m
637- 4 Bed
- 1 Bath
- 1182 sft
112 NW Adams St, Hopedale, IL, 61747
$ 215,000
ROI
40.6Cash Flow/m
1250- 3 Bed
- 2 Bath
- 1584 sft
25994 Longview Rd, Hopedale, IL, 61747
Why Invest in Hopedale, Illinois?
Investing in Hopedale, IL, offers the opportunity to purchase properties under $500k, making it an appealing option for budget-conscious investors. With an average rental yield of 7% and a cap rate of 6%, the area shows promise for strong cash flow and potential appreciation. The local economy is stable, with a growing workforce contributing to its charm.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Hopedale, you can find a variety of single-family homes, townhouses, and some multifamily options priced under $500,000. These properties offer great investment opportunities due to the growing demand in the area.
Find Your Perfect Investment Property in Hopedale, Illinois
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