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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
$ 225,000
ROI
22.5
Cash Flow/m
169- - Bed
- - Bath
- - sft
600 E 12th St, Flora, IL, 62839
$ 249,900
ROI
22.9Cash Flow/m
219- 4 Bed
- 2 Bath
- 1782 sft
502 Vincennes Ave, Flora, IL, 62839
$ 115,000
ROI
24.1Cash Flow/m
140- 3 Bed
- 2 Bath
- 1560 sft
325 E Washington St, Flora, IL, 62839
$ 129,900
ROI
23.5Cash Flow/m
137- 3 Bed
- 2 Bath
- 1466 sft
310 Hickory St, 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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