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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Altamont, IL
$ 113,000
ROI
35.2
Cash Flow/m
485- 2 Bed
- 1 Bath
- 1082 sft
205 S Saint Clair St, Altamont, IL, 62411
$ 135,000
ROI
33.1Cash Flow/m
501- 3 Bed
- 1 Bath
- 1332 sft
505 N Saint Clair St, Altamont, IL, 62411
$ 144,000
ROI
36.8Cash Flow/m
684- 4 Bed
- 2 Bath
- 1620 sft
206 N Saint Clair St, Altamont, IL, 62411
$ 113,000
ROI
32.3Cash Flow/m
393- 2 Bed
- 1 Bath
- 948 sft
407 N 9th 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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