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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Mackinaw, IL
Fix & Flip
$ 149,900
ROI
22.1
Cash Flow/m
98- 3 Bed
- 2 Bath
- 1591 sft
26 Essex Ave, Mackinaw, IL, 61755
$ 209,900
ROI
28.0Cash Flow/m
484- 3 Bed
- 2 Bath
- 2981 sft
304 S Monroe St, Mackinaw, IL, 61755
$ 365,000
ROI
19.9Cash Flow/m
15- 5 Bed
- 2 Bath
- 2971 sft
406 W Fast Ave, Mackinaw, IL, 61755
$ 299,900
ROI
27.0Cash Flow/m
607- 4 Bed
- 4 Bath
- 2283 sft
101 Tulip Dr, Mackinaw, IL, 61755
Why Invest in Mackinaw, Illinois?
Investing in Mackinaw, IL offers opportunities in the real estate market with properties often found under $500K. The area's favorable climate for rental growth and stable job market play a significant role in attracting investors looking for properties that provide consistent returns.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$180/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Mackinaw is around $1300 per month, depending on the property type and location.
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