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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Elgin, AZ
Motivated Seller
$ 300,000
ROI
22.4
Cash Flow/m
221- 2 Bed
- 2 Bath
- 1600 sft
2 Sunset Ln, Elgin, AZ, 85611
$ 275,000
ROI
19.8Cash Flow/m
3- 3 Bed
- 2 Bath
- 1586 sft
30 Sunset Ln, Elgin, AZ, 85611
$ 215,000
ROI
27.6Cash Flow/m
469- 2 Bed
- 2 Bath
- 1344 sft
3 Sunset Ln #2, Elgin, AZ, 85611
$ 215,000
ROI
27.8Cash Flow/m
482- 2 Bed
- 2 Bath
- 1344 sft
3 Sunset Ln, Elgin, AZ, 85611
Why Invest in Elgin, Arizona?
Investing in Elgin, AZ offers a unique opportunity to secure properties under $300k in a developing area. With rising rental yields around 8% and stable appreciation rates of approximately 5%, investors can see solid returns. The region's capitalization rate is competitive at 7%, making it a favorable market for cash flow.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Elgin is approximately 8%, making it an attractive option for potential investors looking for income-producing properties.
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