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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
Listed for sale 4 days ago
$ 128,000
ROI
21.8
Cash Flow/m
72- 4 Bed
- 2 Bath
- 1200 sft
821 Locust St, Carrollton, IL, 62016
$ 205,000
ROI
27.7Cash Flow/m
452- 4 Bed
- 2 Bath
- 2100 sft
115 5th St, Carrollton, IL, 62016
$ 164,500
ROI
30.3Cash Flow/m
480- 3 Bed
- 2 Bath
- 1848 sft
209 Bonfoy St, Carrollton, IL, 62016
Fix & Flip
$ 234,000
ROI
27.1Cash Flow/m
478- 4 Bed
- 2 Bath
- 2548 sft
1003 5th 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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