Under $200K Investment Properties for Sale in Elkhart, IL

Property at 18 Elizabeth Ct, Elkhart, IL
Fix & Flip
$ 159,900
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign156
  • 2 Bed
  • 2 Bath
  • 1798 sft
18 Elizabeth Ct, Elkhart, IL, 62634
Property at 330 Kennedy Rd, Elkhart, IL
$ 179,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign291
  • 3 Bed
  • 1 Bath
  • 2168 sft
330 Kennedy Rd, Elkhart, IL, 62634
Property at 107 N Bogardus St, Elkhart, IL
$ 135,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign98
  • 3 Bed
  • 2 Bath
  • 1088 sft
107 N Bogardus St, Elkhart, IL, 62634
Property at 1051 950th St, Elkhart, IL
$ 169,000
ROI
29.6ROI percentage
Cash Flow/m
Dollar sign463
  • 2 Bed
  • 1 Bath
  • 1030 sft
1051 950th St, Elkhart, IL, 62634

Why Invest in Elkhart, Illinois?

Investing in Elkhart, IL, offers opportunities to find homes under $200k with attractive rental yields and average cash flow. This market is supported by a steady appreciation rate, making it a solid choice for real estate investors looking for affordability and potential growth.

7%
Avg. ROI
9%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

In Elkhart, you can find a variety of properties under $200k, including single-family homes, townhouses, and multifamily units. This range allows for diverse investment strategies.

Find Your Perfect Investment Property in Elkhart, Illinois

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