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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Round Lake, IL
Fix & Flip
Listed for sale 1 day ago
$ 240,000
ROI
24.5
Cash Flow/m
315- 3 Bed
- 2 Bath
- 1533 sft
651 S Essington Dr, Round Lake, IL, 60073
Listed for sale 7 days ago
$ 274,900
ROI
20.6Cash Flow/m
68- 4 Bed
- 2 Bath
- 1095 sft
1308 Ridgeway St, Round Lake, IL, 60073
$ 260,000
ROI
26.3Cash Flow/m
474- 2 Bed
- 1 Bath
- 1009 sft
21770 W Lake Ave, Round Lake, IL, 60073
$ 240,000
ROI
25.0Cash Flow/m
352- 2 Bed
- 2 Bath
- 1376 sft
34399 N Barberry Ct, Round Lake, IL, 60073
Why Invest in Round Lake, Illinois?
Investing in Round Lake offers an opportunity to acquire properties under $300k in a growing community. The average rental yield stands at 7%, coupled with an appreciation rate of 5% over the past year. With a strong renter-occupied rate of 75%, this market provides promising returns for investors.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Round Lake is approximately $1,200 per month, which is competitive for the area and reflects the growing demand for rental properties.
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