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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
$ 284,900
ROI
23.6
Cash Flow/m
307- 3 Bed
- 2 Bath
- 1200 sft
927 Foley Rd, Belvidere, IL, 61008
$ 240,000
ROI
24.4Cash Flow/m
312- - Bed
- - Bath
- 2652 sft
528 King St, Belvidere, IL, 61008
$ 209,900
ROI
25.8Cash Flow/m
350- 4 Bed
- 2 Bath
- 1664 sft
404 N Main St, Belvidere, IL, 61008
$ 225,000
ROI
25.1Cash Flow/m
337- 3 Bed
- 3 Bath
- 1320 sft
130 Andrews Dr, 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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