Under $300K Investment Properties for Sale in Elkhart, IL
Fix & Flip
$ 159,900
ROI
23.3
Cash Flow/m
156- 2 Bed
- 2 Bath
- 1798 sft
18 Elizabeth Ct, Elkhart, IL, 62634
$ 179,000
ROI
25.6Cash Flow/m
291- 3 Bed
- 1 Bath
- 2168 sft
330 Kennedy Rd, Elkhart, IL, 62634
$ 220,000
ROI
24.6Cash Flow/m
294- 4 Bed
- 2 Bath
- 2000 sft
209 S Gillett St, Elkhart, IL, 62634
$ 135,000
ROI
22.4Cash Flow/m
98- 3 Bed
- 2 Bath
- 1088 sft
107 N Bogardus St, Elkhart, IL, 62634
Why Invest in Elkhart, Illinois?
Investing in Elkhart, IL offers viable options under $300K that appeal to budget-conscious investors. With a growing rental market, the area boasts an average rental yield of around 7%, making it an attractive option for real estate seekers. The local economy supports this trend, with job stability and increasing rental demands, presenting promising returns.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$1/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Elkhart, IL is approximately 7%, making it a profitable area for investment rentals.
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