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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 2 days ago
$ 265,900
ROI
20.6
Cash Flow/m
66- 2 Bed
- 1 Bath
- - sft
230 W Joliet Hwy, New Lenox, IL, 60451
Listed for sale 2 days ago
$ 400,000
ROI
28.3Cash Flow/m
946- 4 Bed
- 3 Bath
- 2400 sft
799 Amanda Rd, New Lenox, IL, 60451
Listed for sale 2 days ago
$ 314,000
ROI
30.4Cash Flow/m
928- 3 Bed
- 1 Bath
- 1250 sft
317 Hillside Rd, New Lenox, IL, 60451
Listed for sale 3 days ago
$ 649,900
ROI
21.3Cash Flow/m
219- 5 Bed
- 2 Bath
- 3300 sft
2910 Ryan 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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