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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
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 2 days ago
$ 499,900
ROI
19.8Cash Flow/m
10- 5 Bed
- 4 Bath
- 2468 sft
1616 Kassen Ave, 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
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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