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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Waterman, IL
Listed for sale today
$ 330,000
ROI
27.9
Cash Flow/m
746- 3 Bed
- 3 Bath
- 2040 sft
816 Kennedy St, Waterman, IL, 60556
$ 184,999
ROI
22.0Cash Flow/m
118- 3 Bed
- 1 Bath
- 1000 sft
305 S Maple St, Waterman, IL, 60556
$ 334,999
ROI
27.4Cash Flow/m
711- 3 Bed
- 2 Bath
- 1312 sft
205 N Buckeye St, Waterman, IL, 60556
$ 312,990
ROI
30.0Cash Flow/m
889- 3 Bed
- 3 Bath
- 1507 sft
217 Buchanan Dr, Waterman, IL, 60556
Why Invest in Waterman, Illinois?
Investing in properties under $500k in Illinois offers a unique opportunity for real estate investors. With favorable market conditions and a growing population, you can benefit from a robust rental market and significant appreciation potential in many areas. Illinois continues to show promise for steady cash flow and competitive cap rates, making it an attractive choice for your portfolio.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Property prices in Waterman, IL, vary, but many options are available under $500k, making it an attractive market for first-time investors and families.
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