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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Elizabeth, IL

$ 179,900
ROI
23.7
Cash Flow/m
197- 4 Bed
- 3 Bath
- 1712 sft
216 S Washington St, Elizabeth, IL, 61028

Airbnb Potential
$ 261,000
ROI
29.7
Cash Flow/m
720- 5 Bed
- 3 Bath
- 4001 sft
106 S Main St, Elizabeth, IL, 61028

Airbnb Potential
$ 150,000
ROI
19.9
Cash Flow/m
5- 2 Bed
- 1 Bath
- 400 sft
10 Galena Oaks Dr, Elizabeth, IL, 61028

$ 175,000
ROI
25.7
Cash Flow/m
291- 3 Bed
- 2 Bath
- 1373 sft
412 S Madison St, Elizabeth, IL, 61028
Why Invest in Elizabeth, Illinois?
Investing in Elizabeth, IL offers a unique opportunity for properties priced under $500k. The town's average rental yield and stable appreciation rates make it an attractive option for investors looking to diversify their portfolios. With a growing economy bolstered by local businesses, potential investors can expect favorable cash flow from rentals in this area.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
In Elizabeth, properties under $500k include single-family homes, townhouses, and some duplexes. The market offers diverse options to meet various investment strategies.
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