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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Belvidere, IL
Listed for sale today
$ 299,000
ROI
21.4
Cash Flow/m
133- 4 Bed
- 3 Bath
- 2834 sft
503 Royal Ave, Belvidere, IL, 61008
Listed for sale 2 days ago
$ 274,900
ROI
29.3Cash Flow/m
726- 3 Bed
- 2 Bath
- 1580 sft
1102 Witbeck Dr, Belvidere, IL, 61008
Listed for sale 4 days ago
$ 275,000
ROI
22.0Cash Flow/m
169- 3 Bed
- 2 Bath
- 1992 sft
2306 Ridgefield Dr, Belvidere, IL, 61008
Listed for sale 6 days ago
$ 230,000
ROI
20.5Cash Flow/m
50- 4 Bed
- 3 Bath
- 2542 sft
2419 Fairfield Trl, Belvidere, IL, 61008
Why Invest in Belvidere, Illinois?
Investing in Belvidere, IL under $300,000 can offer high rental yields and attractive properties for investors. With a growing economy and affordable housing options, the market is appealing for those looking to maximize returns. The area shows promise with a renter-occupied rate of around 60%, making it an ideal location for cash flow.
8.5%
Avg. ROI
9.2%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental rates in Belvidere are approximately $1,200 per month. Investors can expect a competitive market with steady demand for rental properties.
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