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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Columbia, IL
Listed for sale 2 days ago
$ 239,900
ROI
28.7
Cash Flow/m
597- 3 Bed
- 2 Bath
- 1505 sft
1108 N Rapp Ave, Columbia, IL, 62236
$ 289,900
ROI
20.8Cash Flow/m
84- 3 Bed
- 3 Bath
- 2183 sft
104 Meadow Ln N, Columbia, IL, 62236
$ 305,000
ROI
23.2Cash Flow/m
289- 3 Bed
- 2 Bath
- 2032 sft
218 E Cherry St, Columbia, IL, 62236
$ 265,000
ROI
28.5Cash Flow/m
645- 3 Bed
- 2 Bath
- 2924 sft
1206 N Rapp Ave, Columbia, IL, 62236
Why Invest in Columbia, Illinois?
Investing in Columbia, IL offers a unique opportunity for those looking for homes under $500k. With a growing community and affordable housing options, investors can benefit from its strong rental yields and market appreciation. The city boasts a favorable cap rate and has an increasing demand for rental properties, making it an attractive option for new and seasoned investors alike.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Columbia is around $1,200 per month, making it an attractive option for renters.
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