Under $200K Investment Properties for Sale in El Paso, IL

Property at 158 S Sycamore St, El Paso, IL
Listed for sale 6 days ago
$ 188,500
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign373
  • 4 Bed
  • 2 Bath
  • 1045 sft
158 S Sycamore St, El Paso, IL, 61738
Property at 287 W Clay St, El Paso, IL
Fix & Flip
$ 100,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign64
  • 3 Bed
  • 1 Bath
  • 1463 sft
287 W Clay St, El Paso, IL, 61738
Property at 156 S Elm St, El Paso, IL
$ 138,500
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign87
  • 3 Bed
  • 1 Bath
  • 1200 sft
156 S Elm St, El Paso, IL, 61738
Property at 198 W 1st St, El Paso, IL
$ 189,900
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign363
  • 3 Bed
  • 1 Bath
  • 3304 sft
198 W 1st 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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