Investment Properties Under $200K in Danvers, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Danvers, IL

Property at 209 N East St, Danvers, IL
Fix & Flip
$ 139,900
ROI
29.9ROI percentage
Cash Flow/m
Dollar sign394
  • 2 Bed
  • 1 Bath
  • 1446 sft
209 N East St, Danvers, IL, 61732
Property at 101 N Chatham St, Danvers, IL
$ 155,000
ROI
28.2ROI percentage
Cash Flow/m
Dollar sign365
  • 2 Bed
  • 2 Bath
  • 1664 sft
101 N Chatham St, Danvers, IL, 61732
Property at 108 N Chatham St, Danvers, IL
$ 175,000
ROI
31.4ROI percentage
Cash Flow/m
Dollar sign566
  • 3 Bed
  • 2 Bath
  • 1280 sft
108 N Chatham St, Danvers, IL, 61732
Property at 205 S West St, Danvers, IL
$ 175,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign226
  • 4 Bed
  • 4 Bath
  • - sft
205 S West St, Danvers, IL, 61732

Why Invest in Danvers, Illinois?

Investing in properties under $200k in Danvers, IL can yield significant returns due to the area's expanding economic opportunities. With a rental yield averaging around 8% and a cap rate of 9%, these affordable properties are attracting investors looking for high cash flow and stable appreciation. Danvers offers an appealing market for investors looking for budget-friendly options in a growing community.

15%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

In Danvers, you can find a range of properties under $200k, including single-family homes and townhouses. These options are ideal for both first-time buyers and investors.

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