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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Mahomet, IL
$ 210,000
ROI
29.2
Cash Flow/m
553- 3 Bed
- 1 Bath
- 1089 sft
205 N Jefferson St, Mahomet, IL, 61853
$ 260,000
ROI
25.3Cash Flow/m
400- 3 Bed
- 2 Bath
- 1639 sft
209 N Jefferson St, Mahomet, IL, 61853
$ 239,900
ROI
20.3Cash Flow/m
36- 3 Bed
- 2 Bath
- 1395 sft
2022 Macon St, Mahomet, IL, 61853
$ 257,499
ROI
22.9Cash Flow/m
224- 3 Bed
- 2 Bath
- 1460 sft
105 S Meadowhill Ln, 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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