Under $300K Investment Properties for Sale in Alton, IL

Property at 3625 Aberdeen Ave, Alton, IL
Listed for sale 1 day ago
$ 195,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign207
  • 3 Bed
  • 2 Bath
  • 2068 sft
3625 Aberdeen Ave, Alton, IL, 62002
Property at 3614 Gilham Ave, Alton, IL
Listed for sale 1 day ago
$ 155,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign97
  • 3 Bed
  • 2 Bath
  • 1254 sft
3614 Gilham Ave, Alton, IL, 62002
Property at 508 William St, Alton, IL
Listed for sale 1 day ago
$ 125,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign118
  • 2 Bed
  • 1 Bath
  • 868 sft
508 William St, Alton, IL, 62002
Property at 4466 Fosterburg Rd, Alton, IL
Listed for sale 4 days ago
$ 157,900
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign195
  • 2 Bed
  • 1 Bath
  • 1013 sft
4466 Fosterburg Rd, 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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