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

Under $500K Investment Properties for Sale in Albany, IL

Property at 301 N Church St, Albany, IL
$ 169,900
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign214
  • 3 Bed
  • 1 Bath
  • 878 sft
301 N Church St, Albany, IL, 61230
Property at 808 S Church St, Albany, IL
Fix & Flip
$ 180,000
ROI
26.4ROI percentage
Cash Flow/m
Dollar sign333
  • 3 Bed
  • 1 Bath
  • 1743 sft
808 S Church St, Albany, IL, 61230
Property at 507 S Church St, Albany, IL
$ 169,900
ROI
25.8ROI percentage
Cash Flow/m
Dollar sign284
  • 3 Bed
  • 2 Bath
  • 1997 sft
507 S Church St, Albany, IL, 61230
Property at 200 N Church St, Albany, IL
$ 152,900
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign107
  • 2 Bed
  • 2 Bath
  • 1248 sft
200 N Church St, Albany, IL, 61230

Why Invest in Albany, Illinois?

Investing in Albany, IL, particularly in properties under $500k, presents an excellent opportunity for both new and seasoned investors. With a growing rental market and favorable economic indicators, Albany showcases a promising environment for generating cash flow. The area boasts an affordable entry point for real estate investments, making it an ideal choice for wealth building.

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 for investment properties in Albany, IL, is approximately $1,200 per month, reflecting the area's affordability and tenant demand.

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