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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Ellis Grove, IL
$ 149,000
ROI
30.8
Cash Flow/m
459- 3 Bed
- 2 Bath
- 1606 sft
203 W 1st St, Ellis Grove, IL, 62241
$ 187,000
ROI
28.2Cash Flow/m
441- 3 Bed
- 2 Bath
- 1768 sft
105 Brian St, Ellis Grove, IL, 62241
$ 165,000
ROI
21.2Cash Flow/m
68- 4 Bed
- 2 Bath
- 1904 sft
109 S Main St, Ellis Grove, IL, 62241
$ 130,000
ROI
23.5Cash Flow/m
137- 4 Bed
- 2 Bath
- 1804 sft
207 Cherry Ave, Ellis Grove, IL, 62241
Why Invest in Ellis Grove, Illinois?
Investing in Ellis Grove, IL presents unique opportunities for properties under $300,000. With a favorable average rental yield and a cap rate that stands out in the current market, investors can expect solid returns. The area’s growth in both rental rates and population makes it an attractive choice for savvy investors looking to capitalize on emerging markets.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$500/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Ellis Grove, you can find a variety of properties including single-family homes, duplexes, and some multifamily units under $300,000. These options make it accessible for first-time investors.
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