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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Creal Springs, IL
Listed for sale 5 days ago
$ 189,500
ROI
24.1
Cash Flow/m
229- 3 Bed
- 2 Bath
- - sft
16691 Boundary Rd, Creal Springs, IL, 62922
Airbnb Potential
$ 109,000
ROI
23.2Cash Flow/m
105- 3 Bed
- 2 Bath
- 1232 sft
45 Donetta Dr, Creal Springs, IL, 62922
$ 194,000
ROI
28.3Cash Flow/m
459- 3 Bed
- 2 Bath
- 1400 sft
2080 Route 166, Creal Springs, IL, 62922
Motivated Seller
$ 200,000
ROI
20.6Cash Flow/m
46- 4 Bed
- 3 Bath
- 2045 sft
14809 Sulphur Springs Rd, Creal Springs, IL, 62922
Why Invest in Creal Springs, Illinois?
Investing in properties under $200k in Creal Springs, IL offers unique opportunities for discerning investors. With an average rental yield of around 8% and a promising cap rate of 7.5%, this small community presents attractive options for cash flow. The local market is characterized by steady appreciation and a growing number of renter-occupied homes, making it a sound choice for long-term investment.
10%
Avg. ROI
8%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Creal Springs is approximately $1,000 per month, making it an affordable option for many renters and a solid investment for landlords.
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