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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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 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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