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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 3 days ago
$ 124,900
ROI
25.2
Cash Flow/m
190- 6 Bed
- 3 Bath
- 2432 sft
320 N McArthur St, Macomb, IL, 61455
Listed for sale 5 days ago
$ 160,000
ROI
22.5Cash Flow/m
124- 2 Bed
- 2 Bath
- 1420 sft
2103 Maple Ave, Macomb, IL, 61455
$ 134,900
ROI
26.7Cash Flow/m
260- 3 Bed
- 2 Bath
- 1270 sft
708 Memorial Dr, Macomb, IL, 61455
$ 139,000
ROI
22.2Cash Flow/m
94- 4 Bed
- 2 Bath
- 2288 sft
203 Jana Rd, 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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