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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Sherman, IL

Listed for sale 1 day ago
$ 349,900
ROI
20.1
Cash Flow/m
29- 4 Bed
- 2 Bath
- 2055 sft
505 Wingate Dr, Sherman, IL, 62684

$ 320,000
ROI
25.9
Cash Flow/m
546- 5 Bed
- 3 Bath
- 3010 sft
112 Landsdowne Dr, Sherman, IL, 62684

$ 260,000
ROI
25.0
Cash Flow/m
380- 3 Bed
- 2 Bath
- 1371 sft
505 Hartford Dr, Sherman, IL, 62684

$ 345,000
ROI
30.6
Cash Flow/m
1043- 4 Bed
- 4 Bath
- 2931 sft
300 Kingspoint, Sherman, IL, 62684
Why Invest in Sherman, Illinois?
Investing in Sherman, IL offers an attractive opportunity for those looking for properties under $500K. With a strong rental yield and a steady appreciation rate, this small town is ideal for value-driven investors. The area's low vacancy rate attracts renters, ensuring consistent cash flow for property owners.
8.5%
Avg. ROI
7%
Rental Yield
6.2%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental prices in Sherman, IL are around $1,200 per month, making it affordable for residents while providing good yields for investors.
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