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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 6 days ago
$ 427,000
ROI
22.3
Cash Flow/m
299- 3 Bed
- 3 Bath
- 1257 sft
909 Knollside Rd, New Lenox, IL, 60451
$ 459,900
ROI
26.3Cash Flow/m
834- 4 Bed
- 3 Bath
- 2100 sft
1605 S Regan Rd, New Lenox, IL, 60451
$ 499,000
ROI
21.8Cash Flow/m
287- 4 Bed
- 4 Bath
- 2400 sft
651 Columbia Dr, New Lenox, IL, 60451
$ 315,000
ROI
26.6Cash Flow/m
605- 2 Bed
- 2 Bath
- 1673 sft
893 Meadow Ridge Ln #0, 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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