Under $500K Investment Properties for Sale in Alton, IL
Listed for sale 1 day ago
$ 195,000
ROI
23.6
Cash Flow/m
207- 3 Bed
- 2 Bath
- 2068 sft
3625 Aberdeen Ave, Alton, IL, 62002
Listed for sale 1 day ago
$ 155,000
ROI
22.0Cash Flow/m
97- 3 Bed
- 2 Bath
- 1254 sft
3614 Gilham Ave, Alton, IL, 62002
Listed for sale 1 day ago
$ 125,000
ROI
23.1Cash Flow/m
118- 2 Bed
- 1 Bath
- 868 sft
508 William St, Alton, IL, 62002
Listed for sale 4 days ago
$ 157,900
ROI
24.2Cash Flow/m
195- 2 Bed
- 1 Bath
- 1013 sft
4466 Fosterburg Rd, 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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