Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Waterman, IL
$ 170,000
ROI
29.4
Cash Flow/m
456- 2 Bed
- 1 Bath
- 1000 sft
110 N Elm St, Waterman, IL, 60556
$ 200,000
ROI
20.5Cash Flow/m
41- 3 Bed
- 2 Bath
- 1628 sft
535 N Pine St, Waterman, IL, 60556
$ 189,000
ROI
23.6Cash Flow/m
204- 3 Bed
- 2 Bath
- 1500 sft
142 E Lincoln St UNIT C, Waterman, IL, 60556
Fix & Flip
$ 129,000
ROI
22.9Cash Flow/m
111- 3 Bed
- 1 Bath
- 1400 sft
205 N Birch St, Waterman, IL, 60556
Why Invest in Waterman, Illinois?
Investing in Waterman, IL, can be particularly appealing for those looking for properties under $200k. With a solid property appreciation rate and a low median purchase price, it presents an attractive entry point for new investors. The rental market shows consistent demand, making it a favorable environment for cash flow.
9.5%
Avg. ROI
7.2%
Rental Yield
8.1%
Cap Rate
$350/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Waterman offers low property prices with solid appreciation potential, making it ideal for first-time investors. The rental market remains stable, contributing to positive cash flow.
Find Your Perfect Investment Property in Waterman, Illinois
Explore investment opportunities by strategy, performance, or property type
