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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Hopewell, IL
Currently Rented
$ 239,000
ROI
21.6
Cash Flow/m
124- 4 Bed
- 3 Bath
- 2405 sft
148 Boylad Dr, Hopewell, IL, 61565
$ 214,900
ROI
24.7Cash Flow/m
294- 4 Bed
- 2 Bath
- 1752 sft
394 Illini Dr, Hopewell, IL, 61565
$ 239,900
ROI
23.4Cash Flow/m
244- 4 Bed
- 3 Bath
- 2065 sft
134 Ojibwa Ct, Hopewell, IL, 61565
$ 200,000
ROI
30.0Cash Flow/m
569- 3 Bed
- 2 Bath
- 2080 sft
166 Hopewell Dr, Hopewell, IL, 61565
Why Invest in Hopewell, Illinois?
Investing in Hopewell, IL, presents a remarkable opportunity for properties priced under $300k. With an average rental yield of around 6%, investors can benefit from considerable cash flow. The region is experiencing steady appreciation, making it an attractive choice for long-term investment.
10%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Hopewell, IL, is approximately $1,200 per month. This is a competitive rate for the region, reflecting the area's desirable living conditions.
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