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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Matteson, IL
Fix & Flip
$ 119,000
ROI
22.6
Cash Flow/m
95- 5 Bed
- 3 Bath
- 1700 sft
3812 216th St, Matteson, IL, 60443
$ 169,900
ROI
21.9Cash Flow/m
103- 3 Bed
- 1 Bath
- 1269 sft
651 Central Ave, Matteson, IL, 60443
Fix & Flip
$ 199,900
ROI
22.6Cash Flow/m
156- 3 Bed
- 2 Bath
- 1406 sft
4101 216th St, Matteson, IL, 60443
Fix & Flip
$ 115,000
ROI
22.8Cash Flow/m
96- 3 Bed
- 1 Bath
- 800 sft
21607 Main St, Matteson, IL, 60443
Why Invest in Matteson, Illinois?
Investing in Matteson, IL offers opportunities for properties under $200k, perfect for first-time investors. With an average rental yield of around 8% and a solid cap rate of 6%, the market is promising. The area is seeing an increase in renter occupancy, making it an attractive location for buy-and-hold strategies.
12%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average price for homes in Matteson currently hovers around $180k, making it an appealing choice for budget-conscious investors.
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