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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in New Lenox, IL
Listed for sale 1 day ago
$ 375,000
ROI
30.5
Cash Flow/m
1119- 4 Bed
- 3 Bath
- 1879 sft
212 W Woodlawn Rd, New Lenox, IL, 60451
Listed for sale 2 days ago
$ 499,700
ROI
24.6Cash Flow/m
668- 4 Bed
- 3 Bath
- 2700 sft
731 Bobwhite Ln, New Lenox, IL, 60451
Listed for sale 3 days ago
$ 625,000
ROI
20.2Cash Flow/m
26- 4 Bed
- 3 Bath
- 3134 sft
2837 Taylor Glen Dr, New Lenox, IL, 60451
$ 505,000
ROI
23.0Cash Flow/m
406- 3 Bed
- 3 Bath
- 2076 sft
713 Peregrine Dr, New Lenox, IL, 60451
Why Invest in New Lenox, Illinois?
Investing in New Lenox, IL offers a unique opportunity for those looking to capitalize on the local rental market. With a growing rental demand, homes in this area generate an attractive rental yield. Investors can expect competitive average rents and a solid appreciation rate, making it an ideal spot for long-term real estate growth.
8.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental price in New Lenox is approximately $1,800, making it competitive in the region. This figure reflects the growing demand and quality of housing available.
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