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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Elmwood, IL
$ 119,900
ROI
22.7
Cash Flow/m
98- 2 Bed
- 2 Bath
- 1112 sft
406 W Peoria St, Elmwood, IL, 61529
$ 174,990
ROI
23.0Cash Flow/m
160- 3 Bed
- 2 Bath
- 1625 sft
416 W Butternut St, Elmwood, IL, 61529
$ 115,000
ROI
23.5Cash Flow/m
118- 2 Bed
- 1 Bath
- 1092 sft
412 W Ash St, Elmwood, IL, 61529
$ 199,000
ROI
25.4Cash Flow/m
313- 4 Bed
- 3 Bath
- 1790 sft
405 W Dearborn St, Elmwood, IL, 61529
Why Invest in Elmwood, Illinois?
Investing in Elmwood, IL, can be a lucrative opportunity, especially for properties priced under $200k. The local market offers attractive rental yields and has shown consistent appreciation over the past few years. With a supportive community and growing infrastructure, Elmwood provides a solid foundation for real estate investors looking to maximize their cash flow.
8.5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Elmwood, IL, is approximately $1,200 per month, making it an affordable choice for many renters.
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