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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Flora, IL
$ 279,500
ROI
22.1
Cash Flow/m
182- 3 Bed
- 3 Bath
- 3059 sft
29 Stone Forge Pike, Flora, IL, 62839
$ 155,000
ROI
21.9Cash Flow/m
93- 3 Bed
- 2 Bath
- 2221 sft
132 W 3rd St, Flora, IL, 62839
Fix & Flip
Motivated Seller
$ 156,000
ROI
22.0Cash Flow/m
98- 2 Bed
- 2 Bath
- 1468 sft
102 W 3rd St, Flora, IL, 62839
$ 139,000
ROI
22.7Cash Flow/m
113- 3 Bed
- 2 Bath
- 1620 sft
542 Vincennes Ave, Flora, IL, 62839
Why Invest in Flora, Illinois?
Investing in real estate in Illinois offers numerous opportunities, especially in districts where homes are priced under $300k. The state boasts a steady job market with a well-established rental demand, making it an attractive option for investors. Recent trends show an average rental yield of around 7% and a cap rate of approximately 8%, presenting promising returns on investment.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investing in Illinois real estate provides access to a diverse economy, strong rental demand, and several properties priced under $300k. With a steady job market and increasing rental yields, it presents a viable opportunity for investors.
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