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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Andalusia, IL
$ 122,900
ROI
23.3
Cash Flow/m
122- 2 Bed
- 1 Bath
- 962 sft
225 6th Ave W, Andalusia, IL, 61232
$ 135,000
ROI
28.7Cash Flow/m
337- - Bed
- - Bath
- - sft
0 Liberty Park, Andalusia, IL, 61232
$ 168,000
ROI
29.0Cash Flow/m
431- 2 Bed
- 2 Bath
- 1260 sft
412 3rd Ave W, Andalusia, IL, 61232
$ 175,000
ROI
27.3Cash Flow/m
365- 3 Bed
- 1 Bath
- 958 sft
226 4th Ave W, Andalusia, IL, 61232
Why Invest in Andalusia, Illinois?
Investing in Andalusia, IL, particularly in properties under $200k, can be a lucrative opportunity for investors. The market here offers affordable housing options with potential for growth, especially in a community-focused region. With a growing population and a stable job market, the prospects for rental investments are promising.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price for properties in Andalusia is approximately $1,200 per month, making it an affordable option for many renters.
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