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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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
$ 207,500
ROI
26.3Cash Flow/m
378- 3 Bed
- 2 Bath
- 1322 sft
21 County Road 1200 N, Neoga, IL, 62447
Currently Rented
Motivated Seller
Rental Income
$ 159,000
ROI
36.9Cash Flow/m
758- 3 Bed
- 2 Bath
- 1176 sft
34A Woolery Dr, Neoga, IL, 62447
$ 219,000
ROI
32.9Cash Flow/m
803- 5 Bed
- 3 Bath
- 1970 sft
657 E 6th St, Neoga, IL, 62447
Why Invest in Neoga, Illinois?
Investing in Neoga, IL, particularly in properties under $300k, can provide valuable opportunities for maximizing returns. With an average rental yield of 6% and a favorable cap rate of 8%, investors can expect strong cash flow and substantial appreciation over time.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Neoga is approximately $1,200 per month, making it an affordable option for renters and a steady source of cash flow for investors.
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