Under $300K Investment Properties for Sale in Decatur, IL

Listed for sale today
$ 112,000
ROI
28.6
Cash Flow/m
277- 3 Bed
- 2 Bath
- - sft
1165 E Cleveland Ave, Decatur, IL, 62521

Listed for sale today
$ 119,900
ROI
28.1
Cash Flow/m
278- 2 Bed
- 1 Bath
- 1369 sft
2832 N Fairview Ave, Decatur, IL, 62526

Listed for sale 1 day ago
$ 234,000
ROI
20.2
Cash Flow/m
29- 4 Bed
- 4 Bath
- 3375 sft
417 S Westlawn Ave, Decatur, IL, 62522

Listed for sale 2 days ago
$ 199,900
ROI
22.9
Cash Flow/m
173- 4 Bed
- 3 Bath
- 2174 sft
4486 Lawson Dr, Decatur, IL, 62526
Why Invest in Decatur, Illinois?
Investing in Decatur, IL, particularly properties under $300k, can offer promising opportunities. This vibrant city features a strong rental market with competitive rental yields and cap rates. With a growing employment base and relatively affordable housing options, Decatur is an attractive location for both new and seasoned investors.
8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$350/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Decatur, IL, is around $1,000 per month. This rate can vary depending on the property type and location within the city.
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