Under $500K Investment Properties for Sale in Aledo, IL
Listed for sale 4 days ago
$ 195,000
ROI
26.1
Cash Flow/m
342- 3 Bed
- 2 Bath
- 2556 sft
601 NW 6th St, Aledo, IL, 61231
$ 135,000
ROI
22.5Cash Flow/m
102- 2 Bed
- 2 Bath
- 1005 sft
402 SW 5th St, Aledo, IL, 61231
$ 138,000
ROI
22.2Cash Flow/m
95- 3 Bed
- 1 Bath
- 1180 sft
402 SW 7th Ave, Aledo, IL, 61231
$ 164,900
ROI
23.3Cash Flow/m
163- 3 Bed
- 2 Bath
- 1288 sft
401 SE 4th St, Aledo, IL, 61231
Why Invest in Aledo, Illinois?
Investing in Aledo, IL, especially in properties under $500k, presents a unique opportunity for savvy real estate investors. The city offers a blend of affordability and potential appreciation, making it an attractive market for cash flow generation. With competitive rental yields and low property prices, Aledo stands out for those looking to capitalize on long-term investment gains.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Aledo, IL is approximately $900 per month, providing affordable housing options for tenants.
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