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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Alma, IL

$ 190,000
ROI
22.2
Cash Flow/m
127- 2 Bed
- 1 Bath
- 1120 sft
7631 Gray Rd, Alma, IL, 62807

$ 149,900
ROI
22.9
Cash Flow/m
132- 3 Bed
- 2 Bath
- 1340 sft
3975 Hicks Rd, Alma, IL, 62807

$ 129,000
ROI
23.3
Cash Flow/m
126- 3 Bed
- 1 Bath
- 1000 sft
4347 Alma Hatchery Rd, Alma, IL, 62807

$ 147,500
ROI
19.8
Cash Flow/m
3- 3 Bed
- 1 Bath
- 1952 sft
3993 Greenridge Rd, Alma, IL, 62807
Why Invest in Alma, Illinois?
Investing in properties under $300k in Illinois presents an attractive opportunity. With average rental yields around 8% and an appreciation rate of 3%, investors can expect steady cash flow. Moreover, the renter-occupied rate is approximately 30%, indicating a strong demand for rental properties.
12%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
You can find a variety of properties including single-family homes, condos, and townhomes at this price point. These options are abundant in areas with a strong rental demand.
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