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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Macomb, IL
Listed for sale 1 day ago
$ 119,900
ROI
23.7
Cash Flow/m
131- 3 Bed
- 2 Bath
- 1376 sft
309 E Franklin St, Macomb, IL, 61455
Currently Rented
Listed for sale 4 days ago
$ 150,000
ROI
26.5Cash Flow/m
280- 6 Bed
- 4 Bath
- 1872 sft
602 N Charles St #2, Macomb, IL, 61455
Listed for sale 7 days ago
$ 115,000
ROI
22.5Cash Flow/m
86- 3 Bed
- 2 Bath
- 1217 sft
126 Penny Ln, Macomb, IL, 61455
Listed for sale 7 days ago
$ 149,900
ROI
21.9Cash Flow/m
89- 5 Bed
- 2 Bath
- 2213 sft
440 N Campbell St, Macomb, IL, 61455
Why Invest in Macomb, Illinois?
Investing in Macomb, IL, offers unique opportunities for properties under $500k. With a consistent rental yield and a favorable cap rate, Macomb is becoming increasingly popular among investors seeking cash flow properties. The area's affordable housing market makes it an ideal choice for those looking to maximize their return on investment.
7.5%
Avg. ROI
8.2%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Macomb, IL, is approximately $1,200 per month, making it an affordable option for renters and investors alike.
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