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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
Fix & Flip
Listed for sale 1 day ago
$ 335,000
ROI
24.4
Cash Flow/m
435- 3 Bed
- 3 Bath
- 1518 sft
1137 S Wabena Ave, Minooka, IL, 60447
Listed for sale 3 days ago
$ 379,900
ROI
26.0Cash Flow/m
659- 6 Bed
- 1 Bath
- 1848 sft
2200 Holt Rd, Minooka, IL, 60447
Listed for sale 6 days ago
$ 320,000
ROI
27.6Cash Flow/m
701- 3 Bed
- 3 Bath
- 1748 sft
526 Lily Ct #0, Minooka, IL, 60447
$ 285,000
ROI
29.5Cash Flow/m
772- 3 Bed
- 3 Bath
- 1596 sft
1302 Kettleson 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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