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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Minooka, IL
Listed for sale 5 days ago
$ 425,000
ROI
22.1
Cash Flow/m
281- 4 Bed
- 2 Bath
- 2100 sft
429 San Carlos Rd, Minooka, IL, 60447
$ 439,000
ROI
21.8Cash Flow/m
249- 4 Bed
- 3 Bath
- 2527 sft
610 High Grove Dr, Minooka, IL, 60447
$ 335,000
ROI
24.9Cash Flow/m
477- 3 Bed
- 2 Bath
- 1482 sft
1316 Sherborn Ct N, Minooka, IL, 60447
$ 399,000
ROI
24.3Cash Flow/m
503- 4 Bed
- 4 Bath
- 2337 sft
1515 Elysium Dr, Minooka, IL, 60447
Why Invest in Minooka, Illinois?
Investing in properties under $500k in Minooka, IL can yield solid returns. With a growing rental demand and a favorable investment climate, this suburb offers opportunities for generating steady cash flow and appreciating asset values. Investors can benefit from the area's affordable housing options and a competitive rental market, making it an attractive destination for both new and seasoned investors.
8.5%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for apartments in Minooka is approximately $1,500 per month, reflecting the growing demand for rental properties in the area.
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