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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 2 days ago
$ 134,999
ROI
22.4
Cash Flow/m
98- 2 Bed
- 1 Bath
- 677 sft
905 S 5th St, Dekalb, IL, 60115
Fix & Flip
Listed for sale 4 days ago
$ 153,000
ROI
22.0Cash Flow/m
94- 3 Bed
- 2 Bath
- 1200 sft
1302 State St, Dekalb, IL, 60115
$ 227,000
ROI
24.8Cash Flow/m
315- 3 Bed
- 1 Bath
- 1000 sft
1610 Sunrise Dr, Dekalb, IL, 60115
Fix & Flip
$ 185,240
ROI
22.9Cash Flow/m
161- 3 Bed
- 2 Bath
- 1730 sft
308 S 8th 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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