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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Andalusia, IL

$ 162,900
ROI
22.9
Cash Flow/m
144- 3 Bed
- 1 Bath
- 1196 sft
203 2nd St E, Andalusia, IL, 61232

$ 139,900
ROI
31.4
Cash Flow/m
453- 3 Bed
- 2 Bath
- 1207 sft
314 7th Ave E, Andalusia, IL, 61232

$ 189,900
ROI
45.4
Cash Flow/m
1354- 3 Bed
- 2 Bath
- 1438 sft
12612 78th Ave W, Andalusia, IL, 61232

$ 232,900
ROI
48.2
Cash Flow/m
1842- 3 Bed
- 3 Bath
- 1729 sft
12328 78th Ave W, Andalusia, IL, 61232
Why Invest in Andalusia, Illinois?
Investing in properties under $300k in Andalusia, IL, provides an attractive opportunity for both new and seasoned investors. With a favorable local economy and diverse job market, this area promises solid returns on investment. Moreover, the average rental yield here is competitive, making it a smart choice for rental property investments.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Andalusia's economy is primarily supported by small businesses and light manufacturing, offering stable employment opportunities for residents. Recent job growth trends indicate positive momentum in the local labor market.
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