Under $300K Investment Properties for Sale in Waterman, IL
$ 219,900
ROI
20.5
Cash Flow/m
44- 3 Bed
- 1 Bath
- 1000 sft
116 N Hickory St, Waterman, IL, 60556
$ 270,000
ROI
20.7Cash Flow/m
73- 3 Bed
- 2 Bath
- 1176 sft
225 W Eisenhower St, Waterman, IL, 60556
$ 250,000
ROI
20.0Cash Flow/m
18- 3 Bed
- 1 Bath
- 1530 sft
130 W Garfield St, Waterman, IL, 60556
$ 250,000
ROI
20.2Cash Flow/m
31- 3 Bed
- 2 Bath
- 1648 sft
225 N Elm St, Waterman, IL, 60556
Why Invest in Waterman, Illinois?
Waterman, IL presents a unique opportunity for investors looking for properties under $300,000. With a steady appreciation rate of around 3% and an average rental yield of 7.5%, this area is favorable for building wealth through real estate. The local rental market is thriving, making it an attractive location for potential landlords.
10%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average selling price of homes in Waterman, IL is currently around $250,000, making it an attractive market for buyers looking for affordable options.
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