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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Mansfield, IL
$ 224,900
ROI
20.6
Cash Flow/m
52- 3 Bed
- 2 Bath
- 1353 sft
208 E Newton St, Mansfield, IL, 61854
$ 290,000
ROI
24.2Cash Flow/m
355- 4 Bed
- 2 Bath
- 1850 sft
2816 N 1100 East Rd, Mansfield, IL, 61854
$ 225,000
ROI
19.9Cash Flow/m
8- 3 Bed
- 1 Bath
- 1073 sft
303 S McKinley St, Mansfield, IL, 61854
$ 479,000
ROI
27.5Cash Flow/m
1031- 5 Bed
- 4 Bath
- 2578 sft
3 Doane Dr, Mansfield, IL, 61854
Why Invest in Mansfield, Illinois?
Investing in Mansfield, Illinois offers the potential for affordable properties under $500k, making it an attractive opportunity for first-time investors. The region showcases an average rental yield of 6% and an average cash flow of $300 per month, indicating a stable return on investment. As the local economy continues to grow, property values are also expected to appreciate steadily.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Mansfield is approximately $1,200 per month, which is affordable compared to neighboring cities. This price point makes it an attractive option for both renters and investors.
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