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

$ 159,000
ROI
32.9
Cash Flow/m
580- 3 Bed
- 1 Bath
- 2292 sft
316 S School St, Colfax, IL, 61728

Fix & Flip
$ 147,500
ROI
21.9
Cash Flow/m
88- 3 Bed
- 2 Bath
- 2840 sft
108 E Grant St, Colfax, IL, 61722

$ 185,000
ROI
27.8
Cash Flow/m
416- 2 Bed
- 1 Bath
- 1319 sft
410 E Fifer St, Colfax, IL, 61728

$ 155,000
ROI
22.4
Cash Flow/m
112- 3 Bed
- 2 Bath
- 1199 sft
301 W Main St, 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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