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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
$ 490,990
ROI
26.4
Cash Flow/m
907- 3 Bed
- 3 Bath
- 2052 sft
Meadowlark Plan, Lakes Park : Horizon Single-Family, New Lenox, IL, 60451
Listed for sale 1 day ago
$ 424,998
ROI
27.5Cash Flow/m
915- 3 Bed
- 2 Bath
- 1216 sft
911 Somerset St, New Lenox, IL, 60451
Listed for sale 3 days ago
$ 530,000
ROI
20.4Cash Flow/m
44- 5 Bed
- 4 Bath
- 2600 sft
481 Kingston Dr, New Lenox, IL, 60451
Listed for sale 5 days ago
$ 425,000
ROI
27.0Cash Flow/m
860- 4 Bed
- 2 Bath
- 2100 sft
3410 Avondale Ln, 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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