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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Decatur, IL
Listed for sale 1 day ago
$ 107,500
ROI
26.7
Cash Flow/m
208- 2 Bed
- 1 Bath
- 672 sft
3924 E Greenhill Rd, Decatur, IL, 62521
Listed for sale 2 days ago
$ 164,900
ROI
26.2Cash Flow/m
296- 3 Bed
- 1 Bath
- 1819 sft
335 S Woodale Ave, Decatur, IL, 62522
Rental Income
Listed for sale 4 days ago
$ 109,900
ROI
21.8Cash Flow/m
63- 5 Bed
- 2 Bath
- 2255 sft
1305 W Macon St, Decatur, IL, 62522
Listed for sale 4 days ago
$ 150,000
ROI
23.0Cash Flow/m
134- 5 Bed
- 2 Bath
- 2103 sft
175 W Ash Ave, Decatur, IL, 62526
Why Invest in Decatur, Illinois?
Investing in Decatur, IL, presents a unique opportunity to explore properties under $200k. This market offers strong potential for rental income, especially as the local economy shows promising growth. With an average cash flow and a solid cap rate, savvy investors can benefit from a dynamic real estate environment.
6.5%
Avg. ROI
8%
Rental Yield
7.5%
Cap Rate
$200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Average property prices in Decatur are around $175,000, making it an affordable option for first-time investors. Many properties are available for less than $200k.
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