Under $500K 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 2 days ago
$ 359,900
ROI
30.1Cash Flow/m
1039- 3 Bed
- 3 Bath
- 2559 sft
584 Sunnyfield Rd, Belvidere, IL, 61008
Why Invest in Belvidere, Illinois?
Investing in Belvidere, IL, especially with properties under $500k, can yield promising returns. The city boasts a rental yield of around 6%, with a notable appreciation rate of 4% over the past year. With a median rent of $1,200, investors can expect a solid cash flow while capitalizing on a growing market.
8.5%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Belvidere is approximately $1,200, making it an attractive option for both renters and investors.
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