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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Rantoul, IL
Listed for sale 4 days ago
$ 117,500
ROI
24.2
Cash Flow/m
145- 2 Bed
- 1 Bath
- 766 sft
1037 Eastview Dr, Rantoul, IL, 61866
Listed for sale 4 days ago
$ 155,000
ROI
22.6Cash Flow/m
125- 3 Bed
- 2 Bath
- 1645 sft
801 E Sangamon Ave, Rantoul, IL, 61866
$ 140,000
ROI
23.0Cash Flow/m
128- 4 Bed
- 1 Bath
- 1034 sft
1637 Harper Dr, Rantoul, IL, 61866
$ 164,500
ROI
23.0Cash Flow/m
150- 3 Bed
- 2 Bath
- 1429 sft
1014 Illinois Dr, Rantoul, IL, 61866
Why Invest in Rantoul, Illinois?
Investing in Rantoul, IL, can be a smart move, especially for properties under $500k. This area has seen stable real estate trends with average rents hovering around $1,200 and a rental yield of approximately 8%. With a growing renter-occupied rate nearing 60%, there are ample opportunities for consistent cash flow.
12%
Avg. ROI
8%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Rantoul is around $1,200, making it an affordable option for renters looking for quality housing.
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