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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 today
$ 365,000
ROI
25.0
Cash Flow/m
528- 3 Bed
- 3 Bath
- 2028 sft
15530 Donegal Dr, Manhattan, IL, 60442
Listed for sale 2 days ago
$ 375,000
ROI
24.0Cash Flow/m
441- 3 Bed
- 3 Bath
- 2045 sft
25419 Oconnel Ln, Manhattan, IL, 60442
Listed for sale 4 days ago
$ 379,900
ROI
23.8Cash Flow/m
425- 3 Bed
- 2 Bath
- 1776 sft
309 Andrea Dr, Manhattan, IL, 60442
Listed for sale 4 days ago
$ 425,000
ROI
26.9Cash Flow/m
839- 3 Bed
- 2 Bath
- 2202 sft
14831 W Whitney St, 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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