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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

$ 345,000
ROI
26.5
Cash Flow/m
642- 3 Bed
- 2 Bath
- 1312 sft
205 N Buckeye St, Waterman, IL, 60556

Fix & Flip
$ 310,000
ROI
30.0
Cash Flow/m
885- 3 Bed
- 3 Bath
- 2861 sft
501 E Garfield St, Waterman, IL, 60556

$ 335,990
ROI
27.6
Cash Flow/m
730- 3 Bed
- 3 Bath
- 1507 sft
211 Buchanan Dr, Waterman, IL, 60556

$ 348,990
ROI
26.3
Cash Flow/m
639- 3 Bed
- 2 Bath
- 1455 sft
209 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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