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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Elgin, AZ
Listed for sale 1 day ago
$ 238,500
ROI
24.7
Cash Flow/m
330- 3 Bed
- 2 Bath
- 1351 sft
28005 S Rain Valley Road, Elgin, AZ, 85611
$ 230,000
ROI
20.3Cash Flow/m
32- 2 Bed
- 2 Bath
- 1104 sft
7930 S Coronado Trl, Elgin, AZ, 85611
$ 250,000
ROI
27.2Cash Flow/m
518- 4 Bed
- 2 Bath
- 2128 sft
22597 E Mountain Rain Trl, Elgin, AZ, 85611
Motivated Seller
$ 300,000
ROI
22.4Cash Flow/m
221- 2 Bed
- 2 Bath
- 1600 sft
2 Sunset Ln, Elgin, AZ, 85611
Why Invest in Elgin, Arizona?
Investing in Elgin, AZ offers the opportunity to acquire properties under $500k in a region poised for growth. With an average cash flow of $1,200 and a rental yield of 6.5%, it's an attractive option for investors seeking entry into the Arizona market. Elgin's appreciation rate of 4% indicates a promising future for property values.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Elgin, you can find a range of properties under $500k, including single-family homes and modest multiunit properties. This offers great opportunities for both personal residence and rental investment.
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