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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Alton, IL
Fix & Flip
Listed for sale today
$ 165,000
ROI
27.0
Cash Flow/m
332- 3 Bed
- 1 Bath
- 1160 sft
201 Longfellow Ave, Alton, IL, 62002
Listed for sale today
$ 108,500
ROI
23.5Cash Flow/m
111- 2 Bed
- 1 Bath
- 976 sft
3423 Thomas Ave, Alton, IL, 62002
Listed for sale 2 days ago
$ 197,500
ROI
23.4Cash Flow/m
198- 3 Bed
- 2 Bath
- 1864 sft
3000 Alby St, Alton, IL, 62002
Listed for sale 4 days ago
$ 139,900
ROI
23.4Cash Flow/m
141- 3 Bed
- 2 Bath
- 1311 sft
1405 S Rodgers Ave, Alton, IL, 62002
Why Invest in Alton, Illinois?
Investing in properties under $500k in Alton, IL provides an excellent opportunity due to the city's affordable housing market. With a rental yield of around 8% and an average cap rate of 10%, discerning investors can benefit from strong cash flow and potential appreciation over time.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average property value in Alton is approximately $125,000, making it an affordable location for homebuyers and investors alike.
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