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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Carrollton, IL
Fix & Flip
$ 249,000
ROI
24.7
Cash Flow/m
345- 3 Bed
- 4 Bath
- 2244 sft
1140 Brooklane Dr, Carrollton, IL, 62016
$ 124,900
ROI
23.6Cash Flow/m
135- 4 Bed
- 2 Bath
- - sft
233 Highland St, Carrollton, IL, 62016
$ 215,000
ROI
19.9Cash Flow/m
9- 4 Bed
- 3 Bath
- 1798 sft
1121 Brooklane Dr, Carrollton, IL, 62016
Currently Rented
Rental Income
$ 139,000
ROI
29.0Cash Flow/m
359- 3 Bed
- 1 Bath
- 1755 sft
520 11th St, Carrollton, IL, 62016
Why Invest in Carrollton, Illinois?
Investing in Carrollton, IL offers unique opportunities for properties under $300k. The area boasts a stable rental market with attractive cash flow potential and consistent demand. Investors can expect an average rental yield of around 7.5% and a competitive cap rate of 8% as rental rates have steadily increased.
12%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Carrollton is approximately $900 per month, which makes it an affordable location for both renters and investors.
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