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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Neoga, IL

$ 125,000
ROI
23.1
Cash Flow/m
117- 1 Bed
- 1 Bath
- 840 sft
87 & 89 Clear Creek Dr, Neoga, IL, 62447

Currently Rented
Motivated Seller
Rental Income
$ 159,000
ROI
36.9
Cash Flow/m
758- 3 Bed
- 2 Bath
- 1176 sft
34A Woolery Dr, Neoga, IL, 62447

$ 150,000
ROI
39.4
Cash Flow/m
818- 4 Bed
- 2 Bath
- 1684 sft
650 E 6th St, Neoga, IL, 62447

$ 125,000
ROI
29.0
Cash Flow/m
320- 2 Bed
- 1 Bath
- 444 sft
3534 E 930 North Rd, Neoga, IL, 62447
Why Invest in Neoga, Illinois?
Investing in properties priced under $200k in Illinois offers a unique opportunity for real estate investors. With affordable entry points, you can achieve strong cash flow and take advantage of the rising rental demand. Many neighborhoods are seeing appreciation, making this a vital market for those looking to maximize their ROI.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties priced under $200k provide a low entry point for investors, offering potential for strong cash flow and appreciation. Investors can tap into the rising rental demand in various neighborhoods.
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