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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
$ 279,500
ROI
28.0
Cash Flow/m
643- 2 Bed
- 2 Bath
- 1750 sft
102 Wyndstone Dr, Elwood, IL, 60421
$ 265,000
ROI
20.2Cash Flow/m
32- 3 Bed
- 2 Bath
- 2020 sft
205 N Matteson St, Elwood, IL, 60421
$ 249,999
ROI
22.4Cash Flow/m
186- 3 Bed
- 3 Bath
- 2000 sft
205 W Gardner St, Elwood, IL, 60421
$ 275,000
ROI
19.9Cash Flow/m
13- 4 Bed
- 2 Bath
- 1600 sft
106 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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