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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Cambridge, IL
$ 165,000
ROI
27.0
Cash Flow/m
333- 3 Bed
- 2 Bath
- 1120 sft
510 W Locust St, Cambridge, IL, 61238
$ 195,000
ROI
22.1Cash Flow/m
127- 5 Bed
- 2 Bath
- 3000 sft
106 E Center St, Cambridge, IL, 61238
$ 148,000
ROI
22.5Cash Flow/m
113- 3 Bed
- 2 Bath
- 2640 sft
111 N West St, Cambridge, IL, 61238
$ 145,000
ROI
28.4Cash Flow/m
348- 3 Bed
- 1 Bath
- 1400 sft
401 N Ridge St, Cambridge, IL, 61238
Why Invest in Cambridge, Illinois?
Investing in Cambridge, IL, particularly in properties under $200k, presents a promising opportunity. With an average cap rate of 8.5% and rental yields reaching 9.0%, this area is attracting investors looking for high returns. Affordability is a major draw here, with average home prices remaining below the national average, giving potential for significant appreciation.
10%
Avg. ROI
9%
Rental Yield
8.5%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The housing market in Cambridge is quite stable, with average home prices under $200k and a steady increase in rental rates. Vacancy rates are low, indicating high demand for rentals, especially in affordable price ranges.
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