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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Alexis, IL
Listed for sale 3 days ago
$ 147,500
ROI
28.8
Cash Flow/m
369- 3 Bed
- 2 Bath
- 1372 sft
306 S Holloway St, Alexis, IL, 61412
Listed for sale 3 days ago
$ 219,000
ROI
21.7Cash Flow/m
119- 3 Bed
- 2 Bath
- 987 sft
43 280th St, Alexis, IL, 61412
$ 119,900
ROI
23.7Cash Flow/m
130- 2 Bed
- 1 Bath
- 1362 sft
202 N Alexander St, Alexis, IL, 61412
$ 100,000
ROI
35.1Cash Flow/m
427- 3 Bed
- 1 Bath
- 940 sft
310 N Scott St, Alexis, IL, 61412
Why Invest in Alexis, Illinois?
Investing in properties in Alexis, IL under $300k offers a unique opportunity to capitalize on an affordable market with a steady rental demand. With an average rental yield of around 7%, investors can achieve a strong cash flow while enjoying the benefits of property appreciation potential. The local economy shows promise, making it an attractive place for real estate investment.
10%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Alexis, IL is approximately $950 per month, making it an affordable option for renters.
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