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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 today
$ 365,000
ROI
21.0
Cash Flow/m
122- 4 Bed
- 3 Bath
- 2650 sft
854 Meadowview Ln, Columbia, IL, 62236
Listed for sale 2 days ago
$ 335,000
ROI
23.1Cash Flow/m
314- 3 Bed
- 2 Bath
- 1703 sft
836 Sunnyhill Ln, Columbia, IL, 62236
Listed for sale 3 days ago
$ 274,900
ROI
20.2Cash Flow/m
34- 3 Bed
- 2 Bath
- 1800 sft
608 S Rapp Ave, Columbia, IL, 62236
$ 169,900
ROI
28.2Cash Flow/m
400- 2 Bed
- 1 Bath
- 1832 sft
634 N Metter 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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