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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in New Lenox, IL

Listed for sale 2 days 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 3 days ago
$ 499,700
ROI
24.6
Cash Flow/m
668- 4 Bed
- 3 Bath
- 2700 sft
731 Bobwhite Ln, New Lenox, IL, 60451

$ 475,000
ROI
24.6
Cash Flow/m
645- 4 Bed
- 2 Bath
- 2749 sft
2715 S Centurion Ln, New Lenox, IL, 60451

$ 447,900
ROI
24.7
Cash Flow/m
613- 4 Bed
- 3 Bath
- 2056 sft
2730 Kingsway Ave, New Lenox, IL, 60451
Why Invest in New Lenox, Illinois?
Investing in properties under $500k in New Lenox, IL, can yield significant returns. The average rental yield here is quite attractive, combined with a stable market. With a vibrant community and growing employment opportunities, New Lenox is an excellent choice for savvy investors looking for high cash flow in a burgeoning area.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average price of homes available in New Lenox under $500k is around $450k, making it accessible for many first-time buyers and investors.
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