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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 3 days ago
$ 210,000
ROI
29.3
Cash Flow/m
557- 3 Bed
- 1 Bath
- 1370 sft
320 E Marshall St, Belvidere, IL, 61008
Listed for sale 3 days ago
$ 219,900
ROI
20.2Cash Flow/m
29- 3 Bed
- 3 Bath
- 1794 sft
618 E Macomb St, Belvidere, IL, 61008
Listed for sale 4 days ago
$ 299,000
ROI
24.5Cash Flow/m
396- 3 Bed
- 2 Bath
- 2724 sft
8739 Belvoir Dr, Belvidere, IL, 61008
Fix & Flip
Listed for sale 4 days ago
$ 129,000
ROI
22.2Cash Flow/m
88- 3 Bed
- 2 Bath
- 1982 sft
815 Logan Ave, 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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