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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Belvidere, IL
Listed for sale 5 days ago
$ 354,900
ROI
21.0
Cash Flow/m
127- 4 Bed
- 3 Bath
- 2264 sft
607 Jamestown Ave, Belvidere, IL, 61008
$ 284,900
ROI
23.6Cash 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
$ 389,900
ROI
25.3Cash Flow/m
605- 4 Bed
- 3 Bath
- 2224 sft
3460 Partridge Ln, 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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