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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
$ 350,000
ROI
26.3
Cash Flow/m
632- 3 Bed
- 2 Bath
- 1803 sft
15050 W Wilmington Peotone Rd, Manhattan, IL, 60442
Listed for sale 1 day ago
$ 400,000
ROI
20.8Cash Flow/m
111- 2 Bed
- 3 Bath
- 2127 sft
25653 S Riley Erin Rd, Manhattan, IL, 60442
Listed for sale 5 days ago
$ 309,000
ROI
30.4Cash Flow/m
917- 3 Bed
- 2 Bath
- 1484 sft
110 Jan St, Manhattan, IL, 60442
Listed for sale 7 days ago
$ 499,900
ROI
24.5Cash Flow/m
658- 4 Bed
- 3 Bath
- 2382 sft
24427 Arrowhead Dr, 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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