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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
Fix & Flip
Listed for sale 2 days ago
$ 139,900
ROI
23.1
Cash Flow/m
132- 3 Bed
- 1 Bath
- 1120 sft
13896 Winfield Dr, Manito, IL, 61546
$ 110,000
ROI
22.7Cash Flow/m
91- 2 Bed
- 2 Bath
- 855 sft
6282 Macs Rd, Manito, IL, 61546
$ 129,900
ROI
22.6Cash Flow/m
102- 1 Bed
- 2 Bath
- 1924 sft
12291 Sunset Dr, Manito, IL, 61546
$ 109,900
ROI
23.5Cash Flow/m
114- 2 Bed
- 1 Bath
- 768 sft
4047 Lakeview 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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