Under $300K Investment Properties for Sale in Chillicothe, IL
Fix & Flip
$ 199,000
ROI
23.0
Cash Flow/m
180- 3 Bed
- 3 Bath
- 3344 sft
3302 E Cedar Hills Dr, Chillicothe, IL, 61523
$ 139,900
ROI
22.3Cash Flow/m
99- 2 Bed
- 2 Bath
- 1020 sft
11728 N Riverview Rd, Chillicothe, IL, 61523
$ 175,000
ROI
21.8Cash Flow/m
100- 3 Bed
- 3 Bath
- 1608 sft
1022 N Manning Dr, Chillicothe, IL, 61523
$ 169,900
ROI
22.3Cash Flow/m
120- 4 Bed
- 2 Bath
- 1979 sft
715 N 2nd St, Chillicothe, IL, 61523
Why Invest in Chillicothe, Illinois?
Investing in Chillicothe, IL presents an exciting opportunity, especially for properties under $300k. The area boasts a favorable average rental yield of 7.5% and a steady appreciation rate of 4% annually, making it attractive for both new and seasoned investors. The city's rental market is strong, with high renter-occupied rates at 65%, ensuring a steady cash flow for property owners.
10%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home prices in Chillicothe tend to fall significantly under $300k, providing a range of options for first-time homebuyers and investors alike.
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