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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
Listed for sale 1 day ago
$ 134,900
ROI
22.0
Cash Flow/m
84- 3 Bed
- 1 Bath
- 1326 sft
1146 Buchanan Ave, Charleston, IL, 61920
Listed for sale 2 days ago
$ 115,000
ROI
26.7Cash Flow/m
222- 3 Bed
- 2 Bath
- 1450 sft
1819 Grant Ave, Charleston, IL, 61920
Listed for sale 7 days ago
$ 119,500
ROI
21.9Cash Flow/m
71- 2 Bed
- 1 Bath
- 960 sft
704 Eastgate Dr, Charleston, IL, 61920
$ 155,000
ROI
23.7Cash Flow/m
170- 4 Bed
- 2 Bath
- 1740 sft
820 4th 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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