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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
Listed for sale today
$ 198,000
ROI
22.8
Cash Flow/m
168- 3 Bed
- 1 Bath
- 1210 sft
21220 Tower Ave, Matteson, IL, 60443
$ 172,500
ROI
22.4Cash Flow/m
129- 5 Bed
- 2 Bath
- 1892 sft
(Undisclosed Address), Matteson, IL, 60443
Fix & Flip
$ 165,000
ROI
22.6Cash Flow/m
131- 3 Bed
- 2 Bath
- 1237 sft
4022 Richmond Ct, Matteson, IL, 60443
Fix & Flip
$ 185,000
ROI
22.6Cash Flow/m
148- 3 Bed
- 1 Bath
- 1365 sft
6005 Woodgate Dr, 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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