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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Fairfield, IL
Listed for sale 3 days ago
$ 115,000
ROI
25.7
Cash Flow/m
191- 2 Bed
- 1 Bath
- - sft
606 Shoreway Dr, Fairfield, IL, 62837
$ 129,500
ROI
24.4Cash Flow/m
169- 3 Bed
- 2 Bath
- - sft
503 NW 12th St, Fairfield, IL, 62837
$ 120,000
ROI
25.1Cash Flow/m
179- 3 Bed
- 2 Bath
- - sft
411 NW 10th St, Fairfield, IL, 62837
$ 129,900
ROI
29.8Cash Flow/m
364- 3 Bed
- 2 Bath
- 1600 sft
511 E Washington St, Fairfield, IL, 62837
Why Invest in Fairfield, Illinois?
Investing in properties under $300k in Illinois can yield attractive returns. The average cash flow combined with reasonable rental yields makes this segment quite appealing for new and seasoned investors alike. Additionally, the appreciation potential and renter-occupied rates indicate a healthy demand for rentals in this price bracket.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Fairfield, you can find a variety of properties including single-family homes, townhouses, and some multifamily units. These options provide flexibility for both first-time buyers and investors.
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