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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Minonk, IL
Listed for sale 5 days ago
$ 239,900
ROI
24.0
Cash Flow/m
282- 3 Bed
- 2 Bath
- 1787 sft
127 W 1st St, Minonk, IL, 61760
$ 189,000
ROI
19.8Cash Flow/m
3- 2 Bed
- 1 Bath
- 1174 sft
412 W 5th St, Minonk, IL, 61760
$ 149,000
ROI
26.5Cash Flow/m
281- 4 Bed
- 1 Bath
- 1804 sft
416 E 7th St, Minonk, IL, 61760
$ 132,000
ROI
30.0Cash Flow/m
374- 4 Bed
- 1 Bath
- 1377 sft
829 Oak St, Minonk, IL, 61760
Why Invest in Minonk, Illinois?
Investing in Minonk, IL offers a unique opportunity for those looking to purchase properties valued under $500k. The affordable real estate market is complemented by an average rental yield of 7%, making it an attractive option for both new and experienced investors. With a steady appreciation rate and a strong renter-occupied statistic of 60%, Minonk can provide solid returns in the long term.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
In Minonk, the average property prices are significantly below the national average, particularly for homes valued under $500k, making it an affordable investment option.
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