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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
$ 221,900
ROI
21.8
Cash Flow/m
128- 3 Bed
- 2 Bath
- 1536 sft
7 Carlton Dr, Mackinaw, IL, 61755
$ 315,500
ROI
27.6Cash Flow/m
693- 4 Bed
- 4 Bath
- 2194 sft
504 Newcastle Dr, Mackinaw, IL, 61755
$ 309,000
ROI
21.5Cash Flow/m
150- 4 Bed
- 3 Bath
- 2788 sft
746 Heritage Dr, Mackinaw, IL, 61755
$ 140,000
ROI
29.2Cash Flow/m
367- 2 Bed
- 1 Bath
- 1100 sft
104 N White St, 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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