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

Property at 214 Carroll St, Colona, IL
$ 215,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign341
  • 3 Bed
  • 2 Bath
  • 1172 sft
214 Carroll St, Colona, IL, 61241
Property at 618 Mineral Creek Dr, Colona, IL
$ 295,000
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign80
  • 3 Bed
  • 3 Bath
  • 2322 sft
618 Mineral Creek Dr, Colona, IL, 61241
Property at 105 Spruce Dr, Colona, IL
$ 265,000
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign140
  • 4 Bed
  • 3 Bath
  • 1415 sft
105 Spruce Dr, Colona, IL, 61241
Property at 1059 Meadow Ln, Colona, IL
$ 215,000
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign185
  • 3 Bed
  • 2 Bath
  • 1220 sft
1059 Meadow Ln, Colona, IL, 61241

Why Invest in Colona, Illinois?

Investing in Colona, IL, can offer great opportunities with homes under $500k. This mid-sized community has attractive housing options that yield competitive returns. With an increasing demand for rentals and a stable job market, Colona presents investors with a favorable environment for sustainable cash flow.

7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average rental price in Colona is approximately $1,200 per month, which reflects the area's affordable housing market.

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