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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Decatur, IL
Listed for sale 1 day ago
$ 224,900
ROI
26.8
Cash Flow/m
443- 3 Bed
- 2 Bath
- 1866 sft
14 Dellwood Dr, Decatur, IL, 62521
Listed for sale 1 day ago
$ 259,000
ROI
27.7Cash Flow/m
574- 4 Bed
- 3 Bath
- 2886 sft
1550 S Lynnwood Dr, Decatur, IL, 62521
Listed for sale 1 day ago
$ 119,000
ROI
25.6Cash 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
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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