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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Addison, IL
Fix & Flip
$ 189,900
ROI
23.6
Cash Flow/m
205- 3 Bed
- 1 Bath
- 980 sft
413 W Winthrop Ave, Addison, IL, 60101
$ 174,000
ROI
22.5Cash Flow/m
135- 1 Bed
- 2 Bath
- 927 sft
940 N Rohlwing Rd APT 201A, Addison, IL, 60101
$ 189,900
ROI
24.6Cash Flow/m
258- 1 Bed
- 1 Bath
- 900 sft
245 Mill Rd APT 9C, Addison, IL, 60101
Fix & Flip
$ 179,000
ROI
22.7Cash Flow/m
144- 1 Bed
- 1 Bath
- 1818 sft
17W463 Red Oak Ave, Addison, IL, 60101
Why Invest in Addison, Illinois?
Investing in Addison, IL, particularly in properties under $200k, presents lucrative opportunities for investors. The area boasts a strong rental market with a growing population, making it an attractive location for generating cash flow. With a current average rental yield of 6.0% and a cap rate of around 7.5%, investors can expect solid returns on their investments.
12%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$250/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Addison, IL, is approximately 6.0%, making it an appealing option for real estate investors.
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