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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 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 5 days ago
$ 425,000
ROI
27.0Cash Flow/m
860- 4 Bed
- 2 Bath
- 2100 sft
3410 Avondale Ln, New Lenox, IL, 60451
$ 464,900
ROI
23.6Cash Flow/m
495- 4 Bed
- 3 Bath
- 1775 sft
914 Somerset Acres, 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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