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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
$ 374,900
ROI
23.2
Cash Flow/m
361- 4 Bed
- 3 Bath
- 2106 sft
726 E Wood St, Columbia, IL, 62236
Listed for sale 6 days ago
$ 409,900
ROI
21.5Cash Flow/m
197- 3 Bed
- 2 Bath
- 1669 sft
302 Fox Run Dr, Columbia, IL, 62236
$ 375,000
ROI
22.7Cash Flow/m
308- 3 Bed
- 3 Bath
- 2710 sft
307 Longview Dr, Columbia, IL, 62236
$ 212,500
ROI
25.1Cash Flow/m
315- 3 Bed
- 3 Bath
- 2573 sft
509 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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