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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
$ 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, 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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