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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
$ 119,000
ROI
25.6
Cash Flow/m
195- 3 Bed
- 1 Bath
- 1397 sft
1916 S Lynnwood Dr, Decatur, IL, 62521
Listed for sale 1 day ago
$ 159,900
ROI
30.3Cash Flow/m
470- 3 Bed
- 1 Bath
- 1144 sft
270 S Birks St, Decatur, IL, 62522
Listed for sale 2 days ago
$ 114,200
ROI
27.6Cash Flow/m
249- 2 Bed
- 1 Bath
- 1231 sft
1437 W Main St, Decatur, IL, 62522
Listed for sale 2 days ago
$ 187,500
ROI
26.1Cash Flow/m
329- 3 Bed
- 2 Bath
- 1178 sft
1505 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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