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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Decatur, IL
Listed for sale 1 day ago
$ 143,900
ROI
25.2
Cash Flow/m
216- - Bed
- - Bath
- 1100 sft
38 Reeder Dr, Decatur, IL, 62521
Listed for sale 1 day ago
$ 160,000
ROI
29.9Cash Flow/m
450- 4 Bed
- 2 Bath
- 1832 sft
49 Colorado Dr, Decatur, IL, 62526
Listed for sale 2 days ago
$ 165,000
ROI
28.8Cash Flow/m
416- 3 Bed
- 4 Bath
- 2424 sft
533 W Buckingham Dr, Decatur, IL, 62526
Listed for sale 2 days ago
$ 124,000
ROI
22.5Cash Flow/m
94- 2 Bed
- 2 Bath
- 1520 sft
24 Kater Dr, Decatur, IL, 62521
Why Invest in Decatur, Illinois?
Investing in Decatur, IL, especially in rentals, shows promising potential. With an average rental yield of 8% and a solid cap rate of 10%, investors can look forward to healthy cash flows. The city's economic landscape is bolstered by major employers like ADM and Caterpillar, contributing to steady job growth and increasing rental demand.
15%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
As of recent data, the average rent in Decatur is approximately $1,200 per month, making it an affordable option for renters.
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