Investment Properties Under $200K in Makanda, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Makanda, IL

Property at 118 Water Tower Dr, Makanda, IL
Rental Income
$ 119,900
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign120
  • 3 Bed
  • 2 Bath
  • 1200 sft
118 Water Tower Dr, Makanda, IL, 62958
Property at 1720 Camp Cedar Point Ln, Makanda, IL
$ 139,000
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign136
  • 2 Bed
  • 2 Bath
  • 1403 sft
1720 Camp Cedar Point Ln, Makanda, IL, 62958
Property at 2943 N Rocky Comfort Rd, Makanda, IL
$ 125,000
ROI
30.5ROI percentage
Cash Flow/m
Dollar sign373
  • 2 Bed
  • 1 Bath
  • 1254 sft
2943 N Rocky Comfort Rd, Makanda, IL, 62958
Property at 501 Cedar Creek Rd, Makanda, IL
$ 139,900
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign108
  • 4 Bed
  • 2 Bath
  • 1236 sft
501 Cedar Creek Rd, Makanda, IL, 62958

Why Invest in Makanda, Illinois?

Investing in properties under $200k in Makanda, IL, allows you to tap into an emerging market with significant growth potential. With affordable entry points and an average rental yield of around 8%, investors can benefit from strong cash flow. The region's low vacancy rates and an upward trend in home values make it an attractive option for long-term investments.

12%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average return on investment in Makanda is approximately 12%, making it a lucrative market for real estate investors.

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