Under $200K Investment Properties for Sale in Mchenry, IL
194- 4 Bed
- 1 Bath
- 1056 sft
196- 2 Bed
- 2 Bath
- 1100 sft
97- 3 Bed
- 2 Bath
- - sft
157- 2 Bed
- 1 Bath
- 768 sft
Why Invest in Mchenry, Illinois?
Discover investment opportunities in McHenry, IL under $200k, targeting affordable entry points in a stable suburban market. Proximity to Chicago supports rental demand from commuters, with realistic **avgRent** around $1,925 monthly. **Appreciation** trends at 5-6% annually per recent data, paired with **capRate** potential of 7-8% for budget properties. **RenterOccupied** rates remain strong at 35%, bolstered by county-wide home value growth of 3.6-4.2% YoY. Low entry costs enable higher **rentalYield** compared to pricier urban areas, ideal for cash-flow focused investors.
Frequently Asked Questions
Yes, neighborhoods like Boone Valley offer listings around $200k median, suitable for budget investors. These properties appeal due to proximity to Chicago and rental demand. Focus on single-family homes for best cash flow under this threshold.
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