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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Forrest, IL
$ 134,900
ROI
22.1
Cash Flow/m
86- 3 Bed
- 1 Bath
- 1227 sft
121 E James St, Forrest, IL, 61741
$ 205,000
ROI
33.4Cash Flow/m
776- 4 Bed
- 3 Bath
- 2709 sft
416 S Center St, Forrest, IL, 61741
$ 174,900
ROI
22.4Cash Flow/m
129- 3 Bed
- 2 Bath
- 2204 sft
502 S Williams St, Forrest, IL, 61741
$ 109,900
ROI
20.7Cash Flow/m
28- 3 Bed
- 1 Bath
- 1008 sft
27971 E 500 North Rd, Forrest, IL, 61741
Why Invest in Forrest, Illinois?
For investors looking for properties under $300k, Forrest, Illinois offers a promising landscape. With its affordable housing options, the area is attracting attention for long-term rental income potential and appreciation. Investors can tap into a competitive rental market that reports stable occupancy rates and a growing community, making it an attractive destination for investment.
8.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental price in Forrest, IL is around $1,200 per month, which is quite affordable compared to other areas in Illinois.
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