Under $500K 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 $500k in Illinois can be a strategic move, given the state’s diverse economy and stable rental markets. With an average ROI of approximately 8% and a rental yield around 6.5%, investors may find substantial opportunities for cash flow in various neighborhoods. Furthermore, Illinois has a growing number of renter-occupied homes, which drives demand and potential appreciation in property values.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Illinois offer a combination of affordability and solid investment returns, with a promising rental market. Investors can leverage rental yields and potential cash flow, making this an attractive market.
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