Investment Properties Under $500K in Milan, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Milan, IL

Property at 1237 Hilltop Dr, Milan, IL
Listed for sale 7 days ago
$ 180,000
ROI
27.3ROI percentage
Cash Flow/m
Dollar sign377
  • 3 Bed
  • 1 Bath
  • 1092 sft
1237 Hilltop Dr, Milan, IL, 61264
Property at 1225 3rd St W, Milan, IL
$ 250,000
ROI
19.8ROI percentage
Cash Flow/m
Dollar sign4
  • 3 Bed
  • 2 Bath
  • 1244 sft
1225 3rd St W, Milan, IL, 61264
Property at 526 29th Ave W, Milan, IL
$ 169,900
ROI
27.9ROI percentage
Cash Flow/m
Dollar sign386
  • 3 Bed
  • 1 Bath
  • 903 sft
526 29th Ave W, Milan, IL, 61264
Property at 11417 15th Street Ct, Milan, IL
$ 190,000
ROI
21.4ROI percentage
Cash Flow/m
Dollar sign87
  • 3 Bed
  • 2 Bath
  • 1248 sft
11417 15th Street Ct, Milan, IL, 61264

Why Invest in Milan, Illinois?

Investing in Milan, IL, especially in properties under $500K, offers excellent opportunities for growth. The area's real estate market shows promising metrics, including a steady appreciation rate and affordable rental options compared to larger cities. With an average rental yield of 6% and good cash flow potential, it's a prime location for both new and seasoned investors.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent in Milan, IL, is currently around $1,200 per month. This figure can vary depending on the property type and location within the city.

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