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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
$ 130,000
ROI
23.3
Cash Flow/m
128- 2 Bed
- 1 Bath
- 864 sft
310 Washington St, Hopedale, IL, 61747
$ 175,000
ROI
27.1Cash Flow/m
357- 2 Bed
- 2 Bath
- 1064 sft
713 Schilpp Ct, Hopedale, IL, 61747
$ 127,900
ROI
22.0Cash Flow/m
80- 2 Bed
- 1 Bath
- 968 sft
624 Cherry St, Hopedale, IL, 61747
Fix & Flip
$ 150,000
ROI
30.3Cash Flow/m
440- 3 Bed
- 2 Bath
- 1248 sft
713 Lynn St, 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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