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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
$ 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, 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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