Under $200K Investment Properties for Sale in Bloomington, IL
Listed for sale 1 day ago
$ 140,000
ROI
23.7
Cash Flow/m
154- 3 Bed
- 1 Bath
- 1503 sft
605 S Lee St, Bloomington, IL, 61701
Currently Rented
Listed for sale 2 days ago
$ 190,000
ROI
28.9Cash Flow/m
483- 5 Bed
- 3 Bath
- - sft
1007 N Mason St, Bloomington, IL, 61701
Listed for sale 3 days ago
$ 189,900
ROI
22.3Cash Flow/m
136- 3 Bed
- 2 Bath
- 921 sft
1402 Mount Vernon Dr, Bloomington, IL, 61704
Listed for sale 3 days ago
$ 172,900
ROI
23.2Cash Flow/m
167- 2 Bed
- 2 Bath
- 1021 sft
1121 N State St, Bloomington, IL, 61701
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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