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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
Listed for sale 6 days ago
$ 236,000
ROI
23.1
Cash Flow/m
219- 3 Bed
- 2 Bath
- - sft
747 Maple Ave, Neoga, IL, 62447
$ 139,900
ROI
20.1Cash Flow/m
14- 2 Bed
- 1 Bath
- 1056 sft
474 W 9th St, Neoga, IL, 62447
$ 139,900
ROI
20.1Cash Flow/m
14- 2 Bed
- 1 Bath
- 1112 sft
1046 Locust Ave, Neoga, IL, 62447
$ 110,000
ROI
27.0Cash Flow/m
221- 1 Bed
- 1 Bath
- 472 sft
12 Armstrong Dr, 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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