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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Elkhart, IL
$ 215,000
ROI
23.6
Cash Flow/m
228- 4 Bed
- 2 Bath
- 1853 sft
5 Elizabeth Ct, Elkhart, IL, 62634
$ 255,000
ROI
25.3Cash Flow/m
394- 3 Bed
- 2 Bath
- 2032 sft
308 Ward Dr, Elkhart, IL, 62634
$ 195,000
ROI
44.2Cash Flow/m
1328- 3 Bed
- 3 Bath
- 2364 sft
204 Kennedy Rd, Elkhart, IL, 62634
Fix & Flip
$ 229,900
ROI
21.2Cash Flow/m
93- 3 Bed
- 1 Bath
- 1680 sft
763 600th Ave, 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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