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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Danville, IL
Listed for sale 2 days ago
$ 125,000
ROI
25.0
Cash Flow/m
183- 3 Bed
- 1 Bath
- 1073 sft
1511 Harmon St, Danville, IL, 61832
$ 112,000
ROI
23.7Cash Flow/m
123- 2 Bed
- 2 Bath
- 1148 sft
7 E Columbia St, Danville, IL, 61832
$ 170,000
ROI
23.4Cash Flow/m
174- 4 Bed
- 2 Bath
- 1978 sft
302 Adams St, Danville, IL, 61832
Fix & Flip
$ 125,000
ROI
25.0Cash Flow/m
183- 3 Bed
- 2 Bath
- 1563 sft
1635 Robinson St, Danville, IL, 61832
Why Invest in Danville, Illinois?
Investing in properties under $200k in Danville, IL offers a unique opportunity for investors seeking affordable housing options in a community rich in potential. With average returns on investment hovering around 8%, and a rental yield of about 10%, the market shows promising growth. Additionally, rental demand remains high with a 90% renter-occupied rate, making it an ideal choice for strategic investment.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Danville offers affordable property prices with strong rental demand, making it a prime location for real estate investors. The area's economic stability and growth potential add to its attractiveness.
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