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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
Listed for sale 3 days ago
$ 279,000
ROI
20.6
Cash Flow/m
64- 3 Bed
- 3 Bath
- 1344 sft
34308 N Goldenrod Rd, Round Lake, IL, 60073
$ 230,000
ROI
24.0Cash Flow/m
274- 3 Bed
- 2 Bath
- 1418 sft
1233 N Split Oak Cir #64-1233B, Round Lake, IL, 60073
$ 250,000
ROI
20.4Cash Flow/m
41- 2 Bed
- 3 Bath
- 1586 sft
512 S Jade Ln, Round Lake, IL, 60073
$ 279,000
ROI
20.4Cash Flow/m
52- 2 Bed
- 2 Bath
- 1437 sft
664 W Kristina Ln, 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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