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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Durand, IL
$ 179,000
ROI
22.6
Cash Flow/m
141- 3 Bed
- 1 Bath
- 1715 sft
129 E South St, Durand, IL, 61024
Fix & Flip
$ 194,500
ROI
22.5Cash Flow/m
150- 3 Bed
- 2 Bath
- 2200 sft
501 W Howard St, Durand, IL, 61024
$ 135,000
ROI
21.9Cash Flow/m
79- 3 Bed
- 1 Bath
- 1620 sft
510 Mulvain St, Durand, IL, 61024
$ 149,000
ROI
23.5Cash Flow/m
157- 3 Bed
- 1 Bath
- 1104 sft
412 W Main St, Durand, IL, 61024
Why Invest in Durand, Illinois?
Investing in Durand, IL offers unique opportunities, especially for properties under $500k. With an average rental yield of 7% and a cap rate of 5.5%, investors can enjoy stable cash flow. This area is characterized by moderate appreciation rates of around 3%, making it a solid choice for long-term investors.
8%
Avg. ROI
7%
Rental Yield
5.5%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental prices in Durand, IL are around $1,200 per month, making it an affordable option for many renters.
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