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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
$ 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 3 days ago
$ 164,900
ROI
26.2Cash Flow/m
296- 3 Bed
- 1 Bath
- 1819 sft
335 S Woodale Ave, Decatur, IL, 62522
Listed for sale 3 days ago
$ 275,000
ROI
28.9Cash Flow/m
698- 3 Bed
- 3 Bath
- 2130 sft
162 S Hillcrest Blvd, Decatur, IL, 62522
Listed for sale 4 days ago
$ 209,900
ROI
21.5Cash Flow/m
104- 3 Bed
- 2 Bath
- 2749 sft
2220 W Ravina Park Rd, 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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