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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 6 days ago
$ 299,000
ROI
29.2
Cash Flow/m
785- 3 Bed
- 2 Bath
- 1641 sft
21223 Alessandra Dr, Matteson, IL, 60443
Listed for sale 7 days ago
$ 244,900
ROI
20.3Cash Flow/m
38- 3 Bed
- 1 Bath
- 1200 sft
953 Dartmouth Ave, Matteson, IL, 60443
$ 330,999
ROI
26.1Cash Flow/m
584- 3 Bed
- 3 Bath
- 1840 sft
322 Central Ave, Matteson, IL, 60443
Fix & Flip
$ 119,000
ROI
22.6Cash Flow/m
95- 5 Bed
- 3 Bath
- 1700 sft
3812 216th St, 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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