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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Chillicothe, IL
Fix & Flip
$ 179,900
ROI
23.0
Cash Flow/m
160- 4 Bed
- 3 Bath
- 2319 sft
1219 N 4th St, Chillicothe, IL, 61523
Fix & Flip
$ 109,900
ROI
22.5Cash Flow/m
84- 2 Bed
- 1 Bath
- 1378 sft
615 W Hickory St, Chillicothe, IL, 61523
Fix & Flip
$ 199,900
ROI
22.1Cash Flow/m
132- 5 Bed
- 1 Bath
- 1592 sft
1309 W William Dr, Chillicothe, IL, 61523
Fix & Flip
$ 129,900
ROI
23.0Cash Flow/m
119- 4 Bed
- 1 Bath
- 1632 sft
811 N 6th St, Chillicothe, IL, 61523
Why Invest in Chillicothe, Illinois?
Investing in a fix-and-flip property in Chillicothe, IL, offers promising returns due to the city's reasonable home prices coupled with a rising demand for housing. With an average ROI of 12%, a rental yield of 8%, and an appreciation rate of 4%, this market is ripe for savvy investors looking to capitalize on value-added opportunities. The rental market is vibrant, making it an attractive location for flipping properties.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Chillicothe is around $180,000, making it affordable for many investors. Prices can vary based on the neighborhood and property type.
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