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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Charleston, IL

$ 229,000
ROI
19.9
Cash Flow/m
6- 3 Bed
- 2 Bath
- 2380 sft
677 Eastgate Dr, Charleston, IL, 61920

Currently Rented
Rental Income
$ 102,500
ROI
26.4
Cash Flow/m
189- 2 Bed
- 2 Bath
- 1056 sft
1704 Monroe Ave, Charleston, IL, 61920

Fix & Flip
Motivated Seller
$ 119,500
ROI
19.8
Cash Flow/m
1- 3 Bed
- 3 Bath
- 1380 sft
950 Edgar Dr APT 4, Charleston, IL, 61920

$ 174,900
ROI
20.4
Cash Flow/m
32- 4 Bed
- 2 Bath
- 1376 sft
1020 11th St, Charleston, IL, 61920
Why Invest in Charleston, Illinois?
Investing in Charleston, Illinois, under $300k can be a unique opportunity for savvy investors. With an average rental yield of around 8.5% and a cap rate of approximately 7%, this market is showing positive signs of growth. Affordable properties in this area offer strong cash flow potential for long-term investment strategies.
10%
Avg. ROI
8.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Charleston, IL is around $1,200 per month, making it affordable for many renters.
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