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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in El Paso, IL
Listed for sale 6 days ago
$ 165,000
ROI
22.3
Cash Flow/m
116- 3 Bed
- 1 Bath
- 1616 sft
302 S Summit St, El Paso, IL, 61738
$ 199,900
ROI
22.5Cash Flow/m
149- 4 Bed
- 2 Bath
- 2384 sft
340 W 1st St, El Paso, IL, 61738
$ 169,900
ROI
22.1Cash Flow/m
109- 3 Bed
- 2 Bath
- 2100 sft
211 S Central St, El Paso, IL, 61738
$ 135,000
ROI
36.7Cash Flow/m
637- 3 Bed
- 1 Bath
- 1477 sft
154 W Main St, El Paso, IL, 61738
Why Invest in El Paso, Illinois?
Investing in El Paso, IL is promising, especially for properties under $200k. The area boasts a stable rental market with a favorable cap rate and growing rental yield, making it attractive for new investors. With a close-knit community and low housing prices, you can expect a solid cash flow while diversifying your investment portfolio.
8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The rental market in El Paso is quite stable, with an average rental rate around $1000. Vacancy rates are low, making it a good opportunity for investors.
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