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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Dekalb, IL
Listed for sale today
$ 149,900
ROI
22.6
Cash Flow/m
118- 3 Bed
- 1 Bath
- 1670 sft
738 S 1st St, Dekalb, IL, 60115
Listed for sale 1 day ago
$ 232,500
ROI
19.9Cash Flow/m
11- 4 Bed
- 3 Bath
- 1750 sft
324 S 7th St, Dekalb, IL, 60115
Listed for sale 1 day ago
$ 248,900
ROI
24.3Cash Flow/m
315- 3 Bed
- 1 Bath
- 1150 sft
725 N 11th St, Dekalb, IL, 60115
$ 139,900
ROI
23.0Cash Flow/m
128- 2 Bed
- 1 Bath
- 882 sft
322 Hickory St, Dekalb, IL, 60115
Why Invest in Dekalb, Illinois?
Investing in DeKalb, IL offers opportunities for properties under $300,000, attracting buyers seeking affordable housing options. The area is experiencing stable appreciation rates, with a renter-occupied rate of over 50%, making it an ideal market for rental investment. Investors can benefit from a competitive cap rate and solid rental yields as the local economy continues to grow.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rate in DeKalb is approximately $1,200 per month, making it an affordable option compared to larger cities. This relatively low cost contributes to a strong rental demand.
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