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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Glen Carbon, IL
$ 160,000
ROI
23.3
Cash Flow/m
155- 2 Bed
- 2 Bath
- 1144 sft
204 Lake Hillcrest Dr, Glen Carbon, IL, 62034
Fix & Flip
$ 170,000
ROI
22.4Cash Flow/m
123- 3 Bed
- 2 Bath
- 1702 sft
176 Spruce St, Glen Carbon, IL, 62034
$ 100,000
ROI
22.5Cash Flow/m
75- 3 Bed
- 2 Bath
- 2378 sft
74 Glen Echo Dr, Glen Carbon, IL, 62034
$ 115,000
ROI
22.5Cash Flow/m
88- 3 Bed
- 2 Bath
- 1232 sft
202 Summit Ave, Glen Carbon, IL, 62034
Why Invest in Glen Carbon, Illinois?
Investing in Glen Carbon, IL, particularly properties under $200k, presents an excellent opportunity given the area's stable rental market. With a growing population and a low vacancy rate, investors can expect solid returns and consistent cash flow. The average rental yield in the area is attractive, making it ideal for first-time investors.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.3%
1Y Appreciation
Frequently Asked Questions
The average rent in Glen Carbon, IL is approximately $1,200, making it affordable for potential tenants looking for quality housing.
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