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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 4 days ago
$ 175,000
ROI
23.6
Cash Flow/m
186- 3 Bed
- 2 Bath
- 1120 sft
115 Jackson St, Deer Creek, IL, 61733
Fix & Flip
$ 100,000
ROI
23.1Cash Flow/m
92- 2 Bed
- 1 Bath
- 927 sft
501 N Logan St, Deer Creek, IL, 61733
Currently Rented
Rental Income
$ 220,000
ROI
30.3Cash Flow/m
647- 5 Bed
- 3 Bath
- - sft
311 E McKinley Ave, Deer Creek, IL, 61733
$ 199,900
ROI
28.1Cash Flow/m
463- 3 Bed
- 2 Bath
- 1404 sft
110 E Green 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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