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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Manito, IL
Listed for sale 5 days ago
$ 154,900
ROI
23.6
Cash Flow/m
165- 3 Bed
- 2 Bath
- 1754 sft
334 E Glendale St, Manito, IL, 61546
Listed for sale 7 days ago
$ 153,900
ROI
22.4Cash Flow/m
112- 1 Bed
- 2 Bath
- 1395 sft
12291 Sunset Dr, Manito, IL, 61546
$ 179,900
ROI
25.3Cash Flow/m
276- 3 Bed
- 1 Bath
- 1292 sft
11375 Maple Island Rd, Manito, IL, 61546
$ 149,900
ROI
22.6Cash Flow/m
120- 3 Bed
- 1 Bath
- 1632 sft
10146 Evergreen Dr, Manito, IL, 61546
Why Invest in Manito, Illinois?
Investing in properties under $200k in Illinois offers an affordable entry point into the real estate market. With average cash flows increasing and rental yields remaining competitive, investors can capitalize on a growing rental market. Illinois has shown a consistent appreciation trend, making it an appealing choice for investors looking for solid returns.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
In Illinois, you can find various property types such as single-family homes, condominiums, and some multifamily dwellings priced under $200k. This price range often presents great opportunities in suburban areas and smaller cities.
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