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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
$ 279,000
ROI
34.2
Cash Flow/m
1125- 3 Bed
- 3 Bath
- 1500 sft
25447 S Colligan St, Manhattan, IL, 60442
$ 262,500
ROI
19.9Cash Flow/m
7- 3 Bed
- 2 Bath
- 1565 sft
24949 S Clare Cir, Manhattan, IL, 60442
$ 279,900
ROI
27.4Cash Flow/m
591- 3 Bed
- 2 Bath
- 1510 sft
15238 W Kenmare Cir, Manhattan, IL, 60442
$ 249,900
ROI
20.1Cash Flow/m
27- 3 Bed
- 3 Bath
- 1623 sft
25236 S Faraday Rd, 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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