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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Alpha, IL
Listed for sale 5 days ago
$ 175,000
ROI
32.6
Cash Flow/m
626- 2 Bed
- 1 Bath
- 1050 sft
301 N Yates St, Alpha, IL, 61413
Listed for sale 6 days ago
$ 120,000
ROI
38.0Cash Flow/m
611- 3 Bed
- 2 Bath
- 1232 sft
503 N 1st St, Alpha, IL, 61413
$ 146,500
ROI
27.7Cash Flow/m
324- 3 Bed
- 2 Bath
- 1104 sft
206 S Park St, Alpha, IL, 61413
$ 175,000
ROI
24.1Cash Flow/m
211- 3 Bed
- 2 Bath
- 1142 sft
215 N Yates St, Alpha, IL, 61413
Why Invest in Alpha, Illinois?
Investing in properties under $200k in Illinois presents unique opportunities for savvy investors. With a competitive market and average cap rates around 8%, investors can expect strong potential returns. The current rental yield stands at 10%, indicating a healthy rental environment. Additionally, Illinois sees steady appreciation rates, making it a wise choice for budget-conscious property buyers.
12%
Avg. ROI
10%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Investing in Illinois real estate, especially properties under $200k, offers a strong rental yield and potential for appreciation. The diverse economy and major employers contribute to a stable job market.
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