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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Mahomet, IL
Listed for sale 2 days ago
$ 209,900
ROI
23.5
Cash Flow/m
217- 3 Bed
- 1 Bath
- 1438 sft
506 E State St, Mahomet, IL, 61853
Listed for sale 7 days ago
$ 249,900
ROI
23.7Cash Flow/m
277- 3 Bed
- 2 Bath
- 1560 sft
207 Timberview Dr, Mahomet, IL, 61853
$ 229,000
ROI
26.4Cash Flow/m
422- 3 Bed
- 2 Bath
- 1423 sft
107 E Dunbar St, Mahomet, IL, 61853
$ 255,000
ROI
28.1Cash Flow/m
589- 3 Bed
- 3 Bath
- 1560 sft
108 W Jackson St, Mahomet, IL, 61853
Why Invest in Mahomet, Illinois?
Investing in Mahomet, IL, particularly in properties under $300k, presents a unique opportunity for savvy investors. The area is experiencing a steady rental demand, making it an excellent time to buy. With an average rental yield of 6% and a favorable cap rate of 7.5%, investors can expect healthy returns on investment.
8%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Mahomet is approximately $1,200 per month, reflecting the strong demand for housing in the area.
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