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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Albion, IL
$ 154,900
ROI
23.2
Cash Flow/m
148- 3 Bed
- 2 Bath
- 1400 sft
244 N 5th St, Albion, IL, 62806
$ 109,900
ROI
23.1Cash Flow/m
102- 4 Bed
- 2 Bath
- 1500 sft
658 County Road 1000 N, Albion, IL, 62806
$ 125,000
ROI
43.6Cash Flow/m
831- - Bed
- - Bath
- - sft
409 E Elm St, Albion, IL, 62806
$ 127,500
ROI
45.8Cash Flow/m
924- - Bed
- - Bath
- - sft
301 E Pine St, Albion, IL, 62806
Why Invest in Albion, Illinois?
Investing in Albion, IL, provides an opportunity to acquire properties under $200K, making it a feasible venture for newcomers and seasoned investors alike. With a favorable average ROI and a growing rental market, Albion positions itself as an attractive option for those looking to maximize their cash flow. Additionally, the local economy shows signs of stability with positive trends in employment and income growth.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Albion, IL, is around $850, making it an affordable option for tenants and a potentially profitable investment for landlords.
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