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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Matteson, IL
Listed for sale today
$ 199,000
ROI
20.6
Cash Flow/m
49- 3 Bed
- 1 Bath
- 1000 sft
140 Central Ave #0, Matteson, IL, 60443
Listed for sale 4 days ago
$ 249,999
ROI
20.2Cash Flow/m
33- 4 Bed
- 3 Bath
- 1442 sft
6200 Marsh Ln, Matteson, IL, 60443
Listed for sale 7 days ago
$ 255,000
ROI
20.4Cash Flow/m
44- 4 Bed
- 3 Bath
- 2028 sft
34 Wedgewood Rd, Matteson, IL, 60443
Listed for sale 7 days ago
$ 249,900
ROI
20.0Cash Flow/m
14- 4 Bed
- 2 Bath
- 1611 sft
5943 Woodgate Dr, Matteson, IL, 60443
Why Invest in Matteson, Illinois?
Investing in properties under $500k in Matteson, IL, offers a solid opportunity for investors seeking affordable housing markets. With a renter-occupied rate of 65% and potential for rental yields of around 8%, this area is ripe for investment. Recent appreciation trends indicate a stable growth forecast, making it attractive for long-term investors.
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 rental price in Matteson, IL, is around $1,200 per month. This offers an attractive rate compared to nearby Chicago, making it an appealing choice for renters.
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