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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Nokomis, IL
$ 185,000
ROI
45.7
Cash Flow/m
1334- 6 Bed
- 3 Bath
- 3038 sft
121 W Broadway Ave, Nokomis, IL, 62075
$ 129,000
ROI
28.3Cash Flow/m
306- 2 Bed
- 2 Bath
- 1040 sft
429 Weaver St, Nokomis, IL, 62075
$ 210,000
ROI
24.7Cash Flow/m
288- 3 Bed
- 2 Bath
- 1660 sft
417 E Union St, Nokomis, IL, 62075
$ 155,000
ROI
38.8Cash Flow/m
821- 3 Bed
- 2 Bath
- 1458 sft
221 S Blue Ave, Nokomis, IL, 62075
Why Invest in Nokomis, Illinois?
Investing in Nokomis, IL, presents a unique opportunity to explore properties under $300,000, offering affordable options for investors. The area's average rental yield is around 8%, making it a potential hotspot for rental income. With a growing local economy and decent appreciation rates, this small town can be an attractive choice for strategic investments.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Nokomis, IL, is approximately $900 per month, making it a viable option for renters and investors alike.
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