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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 Cerro Gordo, IL offers a unique opportunity for those seeking properties under $500K. With a favorable rental yield and low entry prices, this quaint town is emerging as a desirable spot for investors. The region's rental market is stable, and the appreciation potential is bolstered by its community charm and local amenities.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average property prices in Cerro Gordo, IL, particularly for homes under $500K, offer a range of affordable options for investors. Properties can typically be found at competitive prices, conducive for rental investments.
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