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

Property at 11839 E Gregg Blvd, Momence, IL
Listed for sale 5 days ago
$ 174,900
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign148
  • 3 Bed
  • 1 Bath
  • 1792 sft
11839 E Gregg Blvd, Momence, IL, 60954
Property at 3539 N Vincennes Trl, Momence, IL
$ 299,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign308
  • 4 Bed
  • 1 Bath
  • 2030 sft
3539 N Vincennes Trl, Momence, IL, 60954
Property at 317 N Maple St, Momence, IL
$ 187,500
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign165
  • 3 Bed
  • 2 Bath
  • 1617 sft
317 N Maple St, Momence, IL, 60954
Property at 503 N Market St, Momence, IL
$ 235,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign187
  • 3 Bed
  • 1 Bath
  • 1233 sft
503 N Market St, Momence, IL, 60954

Why Invest in Momence, Illinois?

Investing in Momence, IL offers unique opportunities, especially for homes under $500k. With an affordable median home price and a stable rental market, this city provides a favorable environment for real estate investors. The local economy shows promise with moderate job growth and a strong community appeal.

10%
Avg. ROI
8.5%
Rental Yield
7.2%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average home price in Momence, IL, is approximately $200,000, making it an affordable option for many buyers.

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