Under $200K Investment Properties for Sale in Albion, IL

Property at 236 N 4th St, Albion, IL
Rental Income
Listed for sale 1 day ago
$ 170,000
ROI
28.8ROI percentage
Cash Flow/m
Dollar sign428
  • 2 Bed
  • 1 Bath
  • 1072 sft
236 N 4th St, Albion, IL, 62806
Property at 235 W Walnut St, Albion, IL
Listed for sale 5 days ago
$ 130,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign183
  • 3 Bed
  • 2 Bath
  • 1783 sft
235 W Walnut St, Albion, IL, 62806
Property at 218 N 5th St, Albion, IL
$ 109,900
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign63
  • 2 Bed
  • 1 Bath
  • 1104 sft
218 N 5th St, Albion, IL, 62806
Property at 32 Wilson Ave, Albion, IL
$ 149,000
ROI
28.9ROI percentage
Cash Flow/m
Dollar sign379
  • 3 Bed
  • 1 Bath
  • 1200 sft
32 Wilson Ave, 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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