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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
$ 198,000
ROI
22.8
Cash Flow/m
168- 3 Bed
- 1 Bath
- 1210 sft
21220 Tower Ave, Matteson, IL, 60443

Listed for sale 3 days ago
$ 279,900
ROI
20.6
Cash Flow/m
70- 4 Bed
- 2 Bath
- 1275 sft
722 Kostner Ave, Matteson, IL, 60443

Listed for sale 7 days ago
$ 330,000
ROI
29.2
Cash Flow/m
865- 4 Bed
- 3 Bath
- 1999 sft
141 Timberlane Rd, Matteson, IL, 60443

$ 172,500
ROI
22.4
Cash Flow/m
129- 5 Bed
- 2 Bath
- 1892 sft
(Undisclosed Address), 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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