Under $200K Investment Properties for Sale in Altamont, IL
Fix & Flip
$ 185,000
ROI
22.4
Cash Flow/m
135- 3 Bed
- 3 Bath
- 1530 sft
3 Wacker Dr, Altamont, IL, 62411
$ 195,000
ROI
23.0Cash Flow/m
178- 3 Bed
- 2 Bath
- 1144 sft
29 Fairlane Cir, Altamont, IL, 62411
$ 134,500
ROI
22.9Cash Flow/m
119- 2 Bed
- 1 Bath
- 1520 sft
2405 E 1600th Ave, Altamont, IL, 62411
$ 117,500
ROI
22.2Cash Flow/m
81- 3 Bed
- 1 Bath
- 1138 sft
1 S 4th St, Altamont, IL, 62411
Why Invest in Altamont, Illinois?
Investing in properties priced under $200k in Illinois offers a unique opportunity for growth. With a strong rental market and affordable entry points, investors can expect a good return on their investments while diversifying their portfolio. The state's steady population growth and demand for affordable housing make it an attractive location for real estate investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Many suburban areas and smaller cities in Illinois present properties under $200k, including regions around Rockford, Peoria, and Decatur. These markets are often overlooked but can provide solid investment opportunities.
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