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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 6 days ago
$ 259,900
ROI
29.2
Cash Flow/m
685- 3 Bed
- 1 Bath
- 1056 sft
503 Greenwood Dr, Round Lake Park, IL, 60073
Listed for sale 6 days ago
$ 185,000
ROI
22.7Cash Flow/m
151- 3 Bed
- 1 Bath
- 1000 sft
403 Highmoor Dr, Round Lake Park, IL, 60073
Listed for sale 7 days ago
$ 264,900
ROI
30.2Cash Flow/m
770- 3 Bed
- 1 Bath
- 942 sft
519 Arbor Dr, Round Lake Park, IL, 60073
$ 314,900
ROI
29.9Cash Flow/m
887- 4 Bed
- 3 Bath
- 1132 sft
306 Brierhill Dr, 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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