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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
$ 149,900
ROI
22.9
Cash Flow/m
132- 3 Bed
- 2 Bath
- 1963 sft
9857 Highway 45, Flora, IL, 62839
$ 250,000
ROI
19.9Cash Flow/m
12- 4 Bed
- 3 Bath
- 2159 sft
742 Shadwell Ave, Flora, IL, 62839
$ 112,500
ROI
22.3Cash Flow/m
81- 3 Bed
- 2 Bath
- 1743 sft
402 E 5th St, Flora, IL, 62839
$ 279,500
ROI
22.1Cash Flow/m
182- 3 Bed
- 3 Bath
- 3059 sft
29 Stone Forge Pike, 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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