Under $500K Investment Properties for Sale in Romeoville, IL
Listed for sale 1 day ago
$ 350,000
ROI
27.6
Cash Flow/m
761- 3 Bed
- 3 Bath
- 1725 sft
140 Mountain Laurel Ct, Romeoville, IL, 60446
Listed for sale 2 days ago
$ 299,900
ROI
29.9Cash Flow/m
842- 3 Bed
- 2 Bath
- 1200 sft
428 Kenyon Ave, Romeoville, IL, 60446
Listed for sale 3 days ago
$ 290,000
ROI
20.0Cash Flow/m
24- 3 Bed
- 1 Bath
- 1117 sft
345 Hickory Ave, Romeoville, IL, 60446
Listed for sale 3 days ago
$ 407,999
ROI
25.5Cash Flow/m
656- 3 Bed
- 4 Bath
- 2067 sft
1565 Baytree Dr, Romeoville, IL, 60446
Why Invest in Romeoville, Illinois?
Investing in properties under $500K in Romeoville, IL offers a unique opportunity for both first-time buyers and seasoned investors. With a vibrant community and proximity to major highways, Romeoville is seeing a steady demand in rental properties. This area boasts a favorable cap rate and growing rental yields, making it a smart choice for those looking to build their portfolios.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rate in Romeoville is approximately $1,500 per month, with rates showing a steady increase over recent years.
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