Under $300K Investment Properties for Sale in Armington, IL
$ 185,000
ROI
22.1
Cash Flow/m
120- 3 Bed
- 2 Bath
- 1305 sft
201 N Vine St, Armington, IL, 61721
$ 160,000
ROI
21.5Cash Flow/m
76- 3 Bed
- 1 Bath
- 1155 sft
110 N Vine St, Armington, IL, 61721
$ 160,000
ROI
21.5Cash Flow/m
79- 2 Bed
- 1 Bath
- 1098 sft
301 S Main St, Armington, IL, 61721
$ 189,000
ROI
30.2Cash Flow/m
550- 3 Bed
- 2 Bath
- 1912 sft
308 S Jefferson St, Armington, IL, 61721
Why Invest in Armington, Illinois?
Investing in properties under $300k in Illinois presents a unique opportunity for investors looking to maximize cash flow. With a strong rental market, low property costs, and a growing economy, this state offers solid potential returns. Illinois has been experiencing a moderate appreciation rate, making it an attractive location for long-term investments.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investing under $300k in Illinois allows for the potential of strong cash flow and good rental yields. Properties in this price range are often situated in areas with a growing demand for rentals.
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