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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Bloomington, IL

Currently Rented
Listed for sale today
$ 115,000
ROI
21.8
Cash Flow/m
65- 2 Bed
- 2 Bath
- 1021 sft
1415 Sheridan St, Bloomington, IL, 61701

Currently Rented
Rental Income
Listed for sale today
$ 155,000
ROI
29.4
Cash Flow/m
416- 3 Bed
- 2 Bath
- - sft
605 E Empire St, Bloomington, IL, 61701

Listed for sale 1 day ago
$ 183,900
ROI
22.0
Cash Flow/m
112- 4 Bed
- 2 Bath
- 1265 sft
1205 W Grove St, Bloomington, IL, 61701

Listed for sale 2 days ago
$ 188,500
ROI
30.8
Cash Flow/m
578- 3 Bed
- 1 Bath
- 1800 sft
1307 Glenwood Rd, Bloomington, IL, 61704
Why Invest in Bloomington, Illinois?
Discover investment opportunities in Bloomington, IL homes under $200k, offering strong entry points for cash-flowing properties. State University presence drives consistent rental demand from students and faculty. Average rents support yields around 8-10% with cap rates of 7-9%. Appreciation tracks Central Illinois growth at 3-5% annually. Low entry costs make it ideal for portfolio diversification.
9.2%
Avg. ROI
8.7%
Rental Yield
8.1%
Cap Rate
$425/mo
Avg. Cash Flow
$1125/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Low entry prices combined with university-driven rental demand yield 8-10% returns. State Farm provides job stability for long-term tenants. Proximity to I-55 enhances appeal.
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