Under $300K Investment Properties for Sale in Belvidere, IL
Listed for sale today
$ 250,000
ROI
20.0
Cash Flow/m
16- 3 Bed
- 2 Bath
- 1754 sft
1510 14th Ave, Belvidere, IL, 61008
Listed for sale today
$ 199,900
ROI
23.6Cash Flow/m
212- 3 Bed
- 1 Bath
- 1180 sft
1027 Garfield Ave, Belvidere, IL, 61008
Listed for sale 1 day ago
$ 184,900
ROI
22.2Cash Flow/m
125- 3 Bed
- 1 Bath
- 1142 sft
810 Union Ave, Belvidere, IL, 61008
Listed for sale 5 days ago
$ 279,900
ROI
20.3Cash Flow/m
42- 4 Bed
- 3 Bath
- 3125 sft
921 Hancock St, 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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