Under $300K Investment Properties for Sale in Colfax, IL
Listed for sale 4 days ago
$ 249,900
ROI
20.4
Cash Flow/m
45- 3 Bed
- 2 Bath
- 1724 sft
427 Sunset Dr, Colfax, IL, 61728
$ 275,000
ROI
24.6Cash Flow/m
369- 3 Bed
- 4 Bath
- 3409 sft
404 Sunset Dr, Colfax, IL, 61728
$ 250,000
ROI
29.8Cash Flow/m
697- 4 Bed
- 3 Bath
- 3030 sft
412 Sunset Dr, Colfax, IL, 61728
$ 159,000
ROI
32.9Cash Flow/m
580- 3 Bed
- 1 Bath
- 2292 sft
316 S School St, Colfax, IL, 61728
Why Invest in Colfax, Illinois?
Investing in Colfax, IL offers unique opportunities, especially for properties under $300k. With a stable rental yield and an average cash flow conducive to growth, this market is ideal for budget-conscious investors. The area's low cost of living and increasing rental demands make it a location worth considering for long-term investment.
8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental rate in Colfax is approximately $1,000 per month, making it affordable for many renters.
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