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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Leland, IL
$ 189,900
ROI
27.6
Cash Flow/m
413- 3 Bed
- 2 Bath
- 1700 sft
210 E North St, Leland, IL, 60531
$ 180,000
ROI
30.8Cash Flow/m
551- 4 Bed
- 2 Bath
- - sft
(Undisclosed Address), Leland, IL, 60531
$ 194,400
ROI
32.6Cash Flow/m
694- - Bed
- - Bath
- - sft
455 S Essex St, Leland, IL, 60531
$ 189,900
ROI
26.2Cash Flow/m
342- 4 Bed
- 2 Bath
- - sft
130 N Elm St, Leland, IL, 60531
Why Invest in Leland, Illinois?
Investing in Leland, Illinois offers promising opportunities for real estate, particularly for properties under $500k. With an average return on investment projected at 7%, investors can expect a healthy rental yield of around 5%. The market is influenced by a stable economy and a low vacancy rate of just 4%, making it an attractive spot for rental growth.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Rental rates in Leland typically average around $1,500 per month, which closely aligns with market trends in the surrounding regions. This competitive pricing supports a healthy rental demand.
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