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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Elgin, IL
Listed for sale 1 day ago
$ 164,900
ROI
21.8
Cash Flow/m
95- 3 Bed
- 2 Bath
- 1251 sft
1154 Candlewood Rd #578, Elgin, IL, 60123
Fix & Flip
Listed for sale 2 days ago
$ 175,000
ROI
22.8Cash Flow/m
148- 2 Bed
- 2 Bath
- 1400 sft
802 Erie St, Elgin, IL, 60123
Listed for sale 2 days ago
$ 110,000
ROI
23.5Cash Flow/m
113- 2 Bed
- 2 Bath
- 1152 sft
1139 Candlewood Rd #557, Elgin, IL, 60123
$ 120,000
ROI
23.5Cash Flow/m
127- 2 Bed
- 2 Bath
- 1248 sft
1255 Country Club Rd #413, Elgin, IL, 60123
Why Invest in Elgin, Illinois?
Investing in Elgin under $200k presents a unique opportunity for savvy investors. With an average ROI of 10% and a rental yield of 8%, this market is thriving. The city’s growing population and job opportunities further enhance its potential, making it an attractive choice for new investors.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Elgin is approximately 8%, making it a favorable market for real estate investors looking for returns.
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