Under $200K Investment Properties for Sale in Cambridge, IL
$ 190,000
ROI
23.3
Cash Flow/m
185- 3 Bed
- 3 Bath
- 2650 sft
108 Circle Dr, Cambridge, IL, 61238
$ 110,000
ROI
23.1Cash Flow/m
102- 3 Bed
- 1 Bath
- 1200 sft
306 N Holmes St, Cambridge, IL, 61238
$ 149,900
ROI
29.6Cash Flow/m
411- 3 Bed
- 2 Bath
- 952 sft
409 N Main St, Cambridge, IL, 61238
$ 124,000
ROI
28.3Cash Flow/m
293- 2 Bed
- 1 Bath
- 960 sft
410 N Main 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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