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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Momence, IL
Currently Rented
Rental Income
$ 135,000
ROI
22.2
Cash Flow/m
91- 3 Bed
- 2 Bath
- 1300 sft
305 W 2nd St, Momence, IL, 60954
$ 293,214
ROI
29.1Cash Flow/m
766- 4 Bed
- 3 Bath
- 2880 sft
203 N Maple St, Momence, IL, 60954
$ 249,999
ROI
29.5Cash Flow/m
677- 3 Bed
- 2 Bath
- 1920 sft
208 Sycamore Ln, Momence, IL, 60954
$ 230,000
ROI
30.2Cash Flow/m
665- 4 Bed
- 2 Bath
- 1728 sft
212 N Pine 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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