Investment Properties Under $300K in Colfax, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Colfax, IL

Property at 417 Sunset Dr, Colfax, IL
$ 299,500
ROI
27.9ROI percentage
Cash Flow/m
Dollar sign675
  • 4 Bed
  • 3 Bath
  • 3400 sft
417 Sunset Dr, Colfax, IL, 61728
Property at 203 N Brook St, Colfax, IL
$ 184,400
ROI
44.4ROI percentage
Cash Flow/m
Dollar sign1199
  • 3 Bed
  • 2 Bath
  • 2506 sft
203 N Brook St, Colfax, IL, 61728
Property at 421 Sunset Dr, Colfax, IL
$ 267,500
ROI
26.4ROI percentage
Cash Flow/m
Dollar sign487
  • 4 Bed
  • 3 Bath
  • 3524 sft
421 Sunset Dr, Colfax, IL, 61728
Property at 506 N Grove St, Colfax, IL
$ 150,000
ROI
35.3ROI percentage
Cash Flow/m
Dollar sign604
  • 3 Bed
  • 1 Bath
  • 1104 sft
506 N Grove 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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