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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Albany, IL

$ 169,900
ROI
24.3
Cash Flow/m
214- 3 Bed
- 1 Bath
- 878 sft
301 N Church St, Albany, IL, 61230

Fix & Flip
$ 180,000
ROI
26.4
Cash Flow/m
333- 3 Bed
- 1 Bath
- 1743 sft
808 S Church St, Albany, IL, 61230

$ 169,900
ROI
25.8
Cash Flow/m
284- 3 Bed
- 2 Bath
- 1997 sft
507 S Church St, Albany, IL, 61230

$ 152,900
ROI
22.3
Cash Flow/m
107- 2 Bed
- 2 Bath
- 1248 sft
200 N Church St, Albany, IL, 61230
Why Invest in Albany, Illinois?
Investing in Albany, IL, offers opportunities to find properties under $300k, making it attractive for new investors. The area boasts a promising average ROI of 8% along with a strong rental yield of 6%, which can provide consistent cash flow. With a robust community and steady demand for affordable housing, now is a great time to consider Albany for real estate investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Albany, IL, is approximately $1,200 per month, providing good value for both tenants and investors.
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