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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
Fix & Flip
$ 220,000
ROI
19.9
Cash Flow/m
8- 2 Bed
- 1 Bath
- 953 sft
605 S Eastern Ave, Manhattan, IL, 60442
$ 300,000
ROI
31.4Cash Flow/m
971- 3 Bed
- 3 Bath
- 1629 sft
25340 S Colligan St, Manhattan, IL, 60442
$ 250,000
ROI
26.3Cash Flow/m
454- 2 Bed
- 2 Bath
- 1300 sft
160 Marion St, Manhattan, IL, 60442
$ 270,000
ROI
35.6Cash Flow/m
1187- 3 Bed
- 3 Bath
- 1613 sft
25461 S 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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