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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 Park, IL
Listed for sale 2 days ago
$ 315,000
ROI
30.6
Cash Flow/m
952- 4 Bed
- 3 Bath
- 1800 sft
222 Highmoor Dr, Round Lake Park, IL, 60073
Listed for sale 2 days ago
$ 334,919
ROI
28.5Cash Flow/m
814- 5 Bed
- 2 Bath
- 1048 sft
19 E Pineview Dr, Round Lake Park, IL, 60073
$ 340,000
ROI
26.7Cash Flow/m
654- 4 Bed
- 3 Bath
- 1056 sft
788 N Hainesville Rd, Round Lake Park, IL, 60073
$ 329,900
ROI
28.7Cash Flow/m
825- 5 Bed
- 2 Bath
- 1649 sft
320 E Washington St, Round Lake Park, IL, 60073
Why Invest in Round Lake Park, Illinois?
Investing in Round Lake Park under $500K is a smart move for those looking for affordable options in the suburban Chicago area. This community offers solid rental yields and a steady appreciation rate, making it an attractive location for real estate investors. With a renter-occupied rate of over 60%, the demand for rental properties is strong, enhancing your investment potential.
8.5%
Avg. ROI
6%
Rental Yield
7.2%
Cap Rate
$150/mo
Avg. Cash Flow
$1/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Round Lake Park is approximately $1,500 per month, which reflects the area's growing demand for rental housing.
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