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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Alton, IL
Listed for sale today
$ 158,000
ROI
21.8
Cash Flow/m
90- 3 Bed
- 2 Bath
- 960 sft
4816 Wick Mor Dr, Alton, IL, 62002
Listed for sale 2 days ago
$ 115,000
ROI
22.7Cash Flow/m
93- 2 Bed
- 1 Bath
- 720 sft
2128 Norside Dr, Alton, IL, 62002
Listed for sale 3 days ago
$ 179,900
ROI
26.0Cash Flow/m
312- 3 Bed
- 2 Bath
- 1524 sft
219 Patterson Pl, Alton, IL, 62002
Listed for sale 3 days ago
$ 168,000
ROI
28.2Cash Flow/m
395- 3 Bed
- 2 Bath
- 1008 sft
516 Shelly St, Alton, IL, 62002
Why Invest in Alton, Illinois?
Investing in Alton, IL, especially in properties under $300k, presents a unique opportunity for property investors. The city's affordable housing market offers a promising average ROI, coupled with a competitive rental yield and a steady appreciation rate. With a vibrant local economy, rental demand remains strong, making it an attractive option for long-term investments.
8.5%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Alton, IL is around $950 per month, making it an affordable option for tenants and a lucrative market for investors.
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