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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Cerro Gordo, IL
$ 178,000
ROI
40.0
Cash Flow/m
1002- 3 Bed
- 2 Bath
- 1812 sft
427 N Lincoln St, Cerro gordo, IL, 61818
$ 145,500
ROI
43.5Cash Flow/m
960- 4 Bed
- 2 Bath
- 2053 sft
427 S Madison St, Cerro Gordo, IL, 61818
$ 105,177
ROI
50.6Cash Flow/m
902- 3 Bed
- 1 Bath
- 1300 sft
447 W Crea St, Cerro Gordo, IL, 61818
$ 184,545
ROI
31.8Cash Flow/m
616- 4 Bed
- 2 Bath
- 2200 sft
302 N Madison St, Cerro Gordo, IL, 61818
Why Invest in Cerro Gordo, Illinois?
Investing in properties under $200k in Cerro Gordo, IL can be a strategic move for investors looking to enter the real estate market affordably. The local economy shows promise with stable rental yields and a growing population, making it an ideal setting for investment opportunities. With an average cash flow that appeals to many investors, the potential for solid returns is significant.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Cerro Gordo, IL is approximately $800 per month, making it an affordable option for many residents.
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