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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
Listed for sale 2 days ago
$ 148,000
ROI
22.8
Cash Flow/m
124- 1 Bed
- 2 Bath
- 1995 sft
451 S Spruce St, Nokomis, IL, 62075
Listed for sale 2 days ago
$ 129,900
ROI
23.4Cash Flow/m
132- 3 Bed
- 3 Bath
- 1849 sft
324 Edwards St, Nokomis, IL, 62075
Listed for sale 3 days ago
$ 465,000
ROI
22.8Cash Flow/m
389- 5 Bed
- 4 Bath
- 3876 sft
20205 N 20th Ave, Nokomis, IL, 62075
$ 185,000
ROI
45.7Cash Flow/m
1334- 6 Bed
- 3 Bath
- 3038 sft
121 W Broadway Ave, 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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