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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
Currently Rented
Rental Income
Listed for sale 3 days ago
$ 315,000
ROI
22.3
Cash Flow/m
221- 3 Bed
- 2 Bath
- 2000 sft
218 E Cherry St, Columbia, IL, 62236
$ 285,000
ROI
24.3Cash Flow/m
360- 3 Bed
- 2 Bath
- 1653 sft
614 S Rapp Ave, Columbia, IL, 62236
$ 350,000
ROI
21.2Cash Flow/m
140- 3 Bed
- 2 Bath
- 1594 sft
152 Gall Rd, Columbia, IL, 62236
$ 344,900
ROI
27.9Cash Flow/m
785- 4 Bed
- 3 Bath
- 2454 sft
943 Meadowview Ln, 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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