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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
Listed for sale 1 day ago
$ 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 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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