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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 offers a unique opportunity to acquire properties under $500k in a quaint community. The area boasts a stable job market and affordable living with a growing rental demand, providing a promising foundation for real estate investment.
7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Real estate prices in Neoga, IL, vary, but many properties can be found under $500k. The competitive pricing makes it an attractive market for both new and seasoned investors.
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