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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 3 days ago
$ 375,000
ROI
24.9Cash Flow/m
536- 4 Bed
- 3 Bath
- 2068 sft
24731 W Orchard Pl, Round Lake, IL, 60073
Listed for sale 6 days ago
$ 359,000
ROI
20.7Cash Flow/m
90- 3 Bed
- 3 Bath
- 1664 sft
212 S Tanglewood Ct, 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
Why Invest in Round Lake, Illinois?
Investing in properties under $500k in Round Lake, IL, can be a lucrative opportunity for both new and experienced investors. With a mix of affordable homes and potential for rental income, Round Lake offers favorable investment metrics including a strong rental yield and stable appreciation. You can benefit from a community that is renter-occupied, making it an attractive location for investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Round Lake, you can find a variety of properties under $500k, including single-family homes, townhouse units, and some multi-family options. This diverse offering caters to different investment strategies and buyer preferences.
Find Your Perfect Investment Property in Round Lake, Illinois
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