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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
$ 199,900
ROI
29.0
Cash Flow/m
513- 2 Bed
- 2 Bath
- 1340 sft
212 W North St, Durand, IL, 61024
Fix & Flip
$ 134,900
ROI
22.3Cash Flow/m
93- 2 Bed
- 1 Bath
- - sft
12509 Farm School Rd, Durand, IL, 61024
$ 265,000
ROI
29.5Cash Flow/m
717- 3 Bed
- 2 Bath
- 3081 sft
14414 E Washington St, Durand, IL, 61024
Fix & Flip
$ 110,000
ROI
23.4Cash Flow/m
111- 2 Bed
- 1 Bath
- 816 sft
505 E 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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