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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Wayne City, IL
$ 130,000
ROI
22.0
Cash Flow/m
80- 3 Bed
- 2 Bath
- - sft
3 Mitchell Dr, Wayne City, IL, 62895
$ 207,500
ROI
24.0Cash Flow/m
242- 4 Bed
- 2 Bath
- 1880 sft
793 County Road 635 E, Wayne City, IL, 62895
$ 120,000
ROI
23.3Cash Flow/m
118- 3 Bed
- 1 Bath
- 1000 sft
202 E Emma St, Wayne City, IL, 62895
$ 100,000
ROI
71.3Cash Flow/m
1435- - Bed
- - Bath
- - sft
305 N Race St, Wayne City, IL, 62895
Why Invest in Wayne City, Illinois?
Investing in Wayne City, IL, offers unique opportunities, especially for properties under $500k. The area boasts a growing community and a stable economy, making it an attractive option for investors seeking solid returns. With average rental yields around 7% and a favorable cap rate, this is an ideal market for those looking to maximize cash flow.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average cash flow for properties in Wayne City is approximately $300 per month, which can provide a solid return for investors.
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