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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Elwood, IL
$ 299,900
ROI
23.4
Cash Flow/m
300- 3 Bed
- 3 Bath
- 1500 sft
804 Deerpath Ln, Elwood, IL, 60421
$ 285,000
ROI
29.5Cash Flow/m
773- 3 Bed
- 3 Bath
- 2800 sft
802 Eagle Creek Rd, Elwood, IL, 60421
$ 245,000
ROI
23.0Cash Flow/m
221- 3 Bed
- 1 Bath
- 1200 sft
114 Bush Dr, Elwood, IL, 60421
$ 279,500
ROI
28.0Cash Flow/m
643- 2 Bed
- 2 Bath
- 1750 sft
102 Wyndstone Dr, 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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