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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Galena, IL
Airbnb Potential
Listed for sale today
$ 147,000
ROI
22.2
Cash Flow/m
100- 1 Bed
- 1 Bath
- 720 sft
512 Gear St, Galena, IL, 61036
$ 145,000
ROI
22.1Cash Flow/m
94- 3 Bed
- 2 Bath
- 950 sft
314 Gear St, Galena, IL, 61036
$ 150,000
ROI
24.9Cash Flow/m
216- 2 Bed
- 1 Bath
- 700 sft
111 N Dodge St, Galena, IL, 61036
$ 183,000
ROI
21.6Cash Flow/m
91- 2 Bed
- 2 Bath
- 1016 sft
328 Franklin St, Galena, IL, 61036
Why Invest in Galena, Illinois?
Galena, IL is emerging as an attractive destination for real estate investors, especially for properties under $200k. The area boasts a strong appreciation rate and a rental yield that outpaces the national average, making it a wise investment. With its historical charm and a burgeoning tourist market, Galena presents endless opportunities for both long-term and short-term rentals.
8%
Avg. ROI
6%
Rental Yield
9%
Cap Rate
$350/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Galena, IL varies, but investors can find properties under $200k that are appealing for various budget levels.
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