Under $500K Investment Properties for Sale in Colfax, IL

Property at 427 Sunset Dr, Colfax, IL
Listed for sale 4 days ago
$ 249,900
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign45
  • 3 Bed
  • 2 Bath
  • 1724 sft
427 Sunset Dr, Colfax, IL, 61728
Property at 302 Ceilo View St, Colfax, IL
$ 323,500
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign199
  • 3 Bed
  • 3 Bath
  • 2376 sft
302 Ceilo View St, Colfax, IL, 61728
Property at 404 Sunset Dr, Colfax, IL
$ 275,000
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign369
  • 3 Bed
  • 4 Bath
  • 3409 sft
404 Sunset Dr, Colfax, IL, 61728
Property at 412 Sunset Dr, Colfax, IL
$ 250,000
ROI
29.8ROI percentage
Cash Flow/m
Dollar sign697
  • 4 Bed
  • 3 Bath
  • 3030 sft
412 Sunset Dr, Colfax, IL, 61728

Why Invest in Colfax, Illinois?

Investing in Colfax, IL presents a unique opportunity for buyers looking for homes under $500k. With competitive pricing and a strong rental market, investors can expect an attractive return on investment, making it a smart choice for long-term wealth growth.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Colfax is around 6%, making it a competitive market for rental properties. Investors can expect robust returns backed by growing rental demand.

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