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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Deer Creek, IL
Listed for sale 6 days ago
$ 225,000
ROI
30.0
Cash Flow/m
640- 3 Bed
- 2 Bath
- 1700 sft
111 Jackson St, Deer Creek, IL, 61733
$ 212,000
ROI
33.7Cash Flow/m
823- 3 Bed
- 3 Bath
- 1658 sft
306 N Mason St, Deer Creek, IL, 61733
$ 155,000
ROI
31.2Cash Flow/m
494- 2 Bed
- 2 Bath
- 1178 sft
200 W 3rd Ave, Deer Creek, IL, 61733
Fix & Flip
$ 130,000
ROI
33.3Cash Flow/m
488- 2 Bed
- 1 Bath
- 1150 sft
308 E 1st Ave, Deer Creek, IL, 61733
Why Invest in Deer Creek, Illinois?
Investing in Deer Creek, Illinois, particularly for properties under $300k, can yield promising financial returns. With moderate property prices, investors can benefit from a strong rental demand driven by local community growth and stability. The area's affordability, coupled with a favorable rental yield, makes it a noteworthy option for investors seeking to maximize their cash flow.
7%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Property taxes in Deer Creek are relatively moderate compared to other areas in Illinois, making it an attractive option for homebuyers and investors alike. It's advisable to check the specific tax rate for individual properties.
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