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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Manhattan, IL
$ 299,000
ROI
31.6
Cash Flow/m
986- 3 Bed
- 3 Bath
- 1629 sft
25463 S Colligan St, Manhattan, IL, 60442
$ 295,000
ROI
26.3Cash Flow/m
533- 2 Bed
- 2 Bath
- 1613 sft
25116 Colligan St, Manhattan, IL, 60442
$ 255,000
ROI
23.5Cash Flow/m
268- 2 Bed
- 2 Bath
- 1611 sft
24951 S Clare Cir, Manhattan, IL, 60442
$ 295,000
ROI
20.1Cash Flow/m
29- 3 Bed
- 3 Bath
- 1629 sft
25109 Colligan St, 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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