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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Danvers, IL
$ 240,000
ROI
24.3
Cash Flow/m
294- 3 Bed
- 2 Bath
- 1276 sft
110 Eastview Dr, Danvers, IL, 61761
Fix & Flip
$ 139,900
ROI
29.9Cash Flow/m
394- 2 Bed
- 1 Bath
- 1446 sft
209 N East St, Danvers, IL, 61732
$ 155,000
ROI
28.2Cash Flow/m
365- 2 Bed
- 2 Bath
- 1664 sft
101 N Chatham St, Danvers, IL, 61732
$ 175,000
ROI
31.4Cash Flow/m
566- 3 Bed
- 2 Bath
- 1280 sft
108 N Chatham St, Danvers, IL, 61732
Why Invest in Danvers, Illinois?
Investing in Danvers, IL, offers numerous opportunities for properties under $300k. With a strong rental market and favorable cash flow potential, this location is ideal for new and seasoned investors alike. The average rent has seen steady growth, contributing to a competitive cap rate in this area.
8.5%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
The average rental price in Danvers is approximately $1,200 per month, providing a solid opportunity for investors looking to maximize rental income.
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