Under $300K Investment Properties for Sale in Dekalb, IL
Listed for sale 2 days ago
$ 251,900
ROI
21.8
Cash Flow/m
143- 3 Bed
- 3 Bath
- 1424 sft
1562 Moluf St, Dekalb, IL, 60115
Listed for sale 3 days ago
$ 265,000
ROI
20.5Cash Flow/m
52- 3 Bed
- 2 Bath
- 1357 sft
6 Lee Ct, Dekalb, IL, 60115
Listed for sale 3 days ago
$ 217,500
ROI
26.1Cash Flow/m
381- 3 Bed
- 2 Bath
- 1008 sft
735 Ellwood Ave, Dekalb, IL, 60115
$ 259,900
ROI
21.0Cash Flow/m
87- 3 Bed
- 1 Bath
- 1920 sft
106 E Dresser Rd, 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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