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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Merrionette Park, IL
$ 110,000
ROI
23.6
Cash Flow/m
119- 2 Bed
- 1 Bath
- 986 sft
11660 S Harry J Rogowski Dr, Merrionette Park, IL, 60803
$ 275,000
ROI
29.0Cash Flow/m
711- 3 Bed
- 1 Bath
- 1130 sft
3112 W Whipple Dr, Merrionette Park, IL, 60803
$ 228,500
ROI
23.1Cash Flow/m
215- 2 Bed
- 1 Bath
- 986 sft
3160 W Park Lane Dr, Merrionette Park, IL, 60803
$ 170,000
ROI
46.1Cash Flow/m
1246- 3 Bed
- 1 Bath
- 840 sft
11401 S Whipple St, Merrionette Park, IL, 60803
Why Invest in Merrionette Park, Illinois?
Investing in Merrionette Park offers unique opportunities for properties priced under $300k. With the area's affordability and a strong rental market, investors can expect a competitive average rent of around $1,200 monthly. The local economy reflects a steady appreciation rate, making it an attractive option for long-term gains.
8.5%
Avg. ROI
7.2%
Rental Yield
6.1%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Merrionette Park is approximately $1,200 per month, making it an affordable option for renters and investors alike.
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