Investment Properties Under $200K in Galena, IL | Ziffy.ai
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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

Property at C11 Long Bay Point Dr, Galena, IL
Listed for sale 1 day ago
$ 176,000
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign33
  • 1 Bed
  • 1 Bath
  • 784 sft
C11 Long Bay Point Dr, Galena, IL, 61036
Property at 123 Walnut Hill Dr, Galena, IL
$ 139,000
ROI
20.3ROI percentage
Cash Flow/m
Dollar sign19
  • 1 Bed
  • 2 Bath
  • 875 sft
123 Walnut Hill Dr, Galena, IL, 61036
Property at 601 S West St, Galena, IL
Fix & Flip
$ 189,900
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign201
  • 3 Bed
  • 2 Bath
  • 1152 sft
601 S West St, Galena, IL, 61036
Property at 811 Franklin St, Galena, IL
$ 168,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign105
  • 2 Bed
  • 1 Bath
  • 930 sft
811 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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