Investment Properties Under $300K in Erie, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Erie, IL

Property at 700 5th Ave, Erie, IL
Listed for sale 1 day ago
$ 199,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign130
  • 8 Bed
  • 4 Bath
  • - sft
700 5th Ave, Erie, IL, 61250
Property at 300 Highland Ave, Erie, IL
Listed for sale 2 days ago
$ 219,900
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign278
  • 3 Bed
  • 2 Bath
  • 1416 sft
300 Highland Ave, Erie, IL, 61250
Property at 1211 16th Ave, Erie, IL
$ 140,000
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign107
  • 3 Bed
  • 2 Bath
  • 1200 sft
1211 16th Ave, Erie, IL, 61250
Property at 6740 Albany Rd, Erie, IL
$ 169,900
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign117
  • 3 Bed
  • 2 Bath
  • 1459 sft
6740 Albany Rd, Erie, IL, 61250

Why Invest in Erie, Illinois?

Investing in properties priced under $300k in Illinois presents a unique opportunity for real estate investors. The state boasts a diverse economy, with a solid rental market and potential for property appreciation. Illinois has shown a resilient rental yield and consistent cash flow, making it an appealing choice for both new and experienced investors.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Investing in properties under $300k in Illinois offers affordable entry points for investors, along with a solid rental yield and potential appreciation. This price range is in high demand due to the growing rental market.

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