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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Manhattan, IL
Listed for sale 1 day ago
$ 379,000
ROI
23.9
Cash Flow/m
431- 3 Bed
- 3 Bath
- 2999 sft
308 Andrea Dr, Manhattan, IL, 60442
Listed for sale 3 days ago
$ 314,900
ROI
30.9Cash Flow/m
973- 3 Bed
- 3 Bath
- 1715 sft
24754 S McCormick Way, Manhattan, IL, 60442
Listed for sale 3 days ago
$ 415,000
ROI
21.3Cash Flow/m
181- 3 Bed
- 3 Bath
- 2138 sft
15101 W Quincy Way, Manhattan, IL, 60442
$ 464,990
ROI
28.7Cash Flow/m
1162- 4 Bed
- 3 Bath
- 2836 sft
COVENTRY Plan, Ivanhoe, Manhattan, IL, 60442
Why Invest in Manhattan, Illinois?
Investing in Manhattan, IL, especially in properties under $500k, presents a unique opportunity for savvy investors. The area boasts an inviting mix of community charm and economic growth potential. With a strong rental occupancy rate and an appreciation trend, Manhattan is a market worth considering for solid returns.
8.5%
Avg. ROI
7%
Rental Yield
6.8%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average property price in Manhattan, IL, is approximately $400k, making it an affordable option for potential homebuyers and investors looking for value.
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