Under $300K Investment Properties for Sale in Manhattan, IL
$ 275,000
ROI
30.6
Cash Flow/m
832- 2 Bed
- 2 Bath
- 1613 sft
25239 S Colligan St, Manhattan, IL, 60442
$ 299,000
ROI
30.3Cash Flow/m
876- 3 Bed
- 3 Bath
- 1701 sft
15155 W Cyrus Dr, Manhattan, IL, 60442
$ 282,000
ROI
19.9Cash Flow/m
13- 2 Bed
- 2 Bath
- 1600 sft
330 S Park St, Manhattan, IL, 60442
$ 284,900
ROI
30.8Cash Flow/m
875- 2 Bed
- 3 Bath
- 1558 sft
15157 W Quincy Cir, Manhattan, IL, 60442
Why Invest in Manhattan, Illinois?
Manhattan, IL offers an enticing opportunity for investors looking for properties under $300k. This area is known for its attractive rental yields and solid appreciation potential, making it a wise choice for entering the real estate market. With a growing population and affordable housing options, it's a prime location for maximizing cash flow and capitalizing on market trends.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Manhattan, IL is approximately 6.2%, making it an appealing option for real estate investors seeking solid returns.
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