Under $500K Investment Properties for Sale in Mahomet, IL
Listed for sale today
$ 369,000
ROI
23.4
Cash Flow/m
377- 5 Bed
- 3 Bath
- 2150 sft
503 S North Shore Dr, Mahomet, IL, 61853
Currently Rented
Listed for sale today
$ 330,000
ROI
20.9Cash Flow/m
105- 5 Bed
- 3 Bath
- - sft
101 N East St, Mahomet, IL, 61853
$ 375,000
ROI
21.2Cash Flow/m
147- 3 Bed
- 2 Bath
- 1870 sft
512 County Road 2490 N, Mahomet, IL, 61853
$ 314,900
ROI
22.1Cash Flow/m
210- 4 Bed
- 1 Bath
- 1536 sft
105 W Jackson St, Mahomet, IL, 61853
Why Invest in Mahomet, Illinois?
Investing in Mahomet, IL, offers the opportunity to acquire properties under $500k, appealing for both first-time homebuyers and seasoned investors. With a growing job market and an average appreciation rate of 3%, Mahomet is becoming a sought-after location. The area's average rental yield stands at an impressive 6%, making it an attractive spot for cash flow investments.
10%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average home prices in Mahomet, IL, hover around $350k, with a range of options available under $500k for potential investors.
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