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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Nokomis, IL
$ 157,000
ROI
21.3
Cash Flow/m
68- 4 Bed
- 2 Bath
- 1617 sft
319 N Maple St, Nokomis, IL, 62075
$ 105,000
ROI
23.0Cash Flow/m
95- 3 Bed
- 2 Bath
- 1100 sft
216 N Oak St, Nokomis, IL, 62075
$ 148,000
ROI
22.3Cash Flow/m
105- 3 Bed
- 2 Bath
- 1728 sft
405 N Vine St, Nokomis, IL, 62075
$ 148,000
ROI
22.8Cash Flow/m
124- 1 Bed
- 2 Bath
- 1995 sft
451 S Spruce St, Nokomis, IL, 62075
Why Invest in Nokomis, Illinois?
Investing in Nokomis, IL, where properties are available under $500k, presents a unique opportunity for savvy investors. The area boasts a stable rental market with an average rental yield of around 6%, making it attractive for cash flow-focused strategies. With a cap rate of approximately 8%, Nokomis offers the potential for solid returns as property values continue to appreciate steadily.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Nokomis, IL, is approximately $900 per month, which makes it an affordable option for renters and an appealing market for investors.
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