Under $300K Investment Properties for Sale in Elwood, IL
Fix & Flip
Listed for sale 4 days ago
$ 219,900
ROI
26.2
Cash Flow/m
395- 5 Bed
- 2 Bath
- - sft
101 S Lincoln St, Elwood, IL, 60421
$ 249,999
ROI
22.4Cash Flow/m
186- 2 Bed
- 1 Bath
- 1000 sft
108 E Morris St, Elwood, IL, 60421
$ 249,900
ROI
22.4Cash Flow/m
187- 2 Bed
- 1 Bath
- 1300 sft
(Undisclosed Address), Elwood, IL, 60421
$ 225,000
ROI
20.4Cash Flow/m
40- 2 Bed
- 1 Bath
- 900 sft
110 W Mississippi Ave, Elwood, IL, 60421
Why Invest in Elwood, Illinois?
Investing in Elwood, IL, offers an incredible opportunity for properties under $300K. The area's affordability combined with an average rental yield of 8% presents an attractive option for real estate investors. With steady job growth and a favorable cap rate of 9%, it's the right time to consider entering this market.
12%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average home price in Elwood, IL, is currently around $280,000, making it an affordable option for many investors.
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