Under $300K 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 under $300k in Illinois presents significant opportunities for those looking to enter the market at a lower price point. With an average cash flow of $1,200 per month and an attractive rental yield of 8%, this state is becoming increasingly appealing to investors seeking steady returns. Illinois shows an appreciation rate of 4% annually, making it a promising location for real estate investment.
10%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investing in properties under $300k in Illinois offers an affordable entry point for new investors. With competitive rental yields and steady appreciation rates, these properties can provide strong cash flow opportunities.
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