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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Glen Carbon, IL
Listed for sale today
$ 230,000
ROI
21.1
Cash Flow/m
85- 2 Bed
- 2 Bath
- 1392 sft
220 Glenlake Dr, Glen Carbon, IL, 62034
$ 267,900
ROI
23.0Cash Flow/m
242- 3 Bed
- 3 Bath
- 1305 sft
21 Lou Juan Dr, Glen Carbon, IL, 62034
$ 160,000
ROI
23.3Cash 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
Why Invest in Glen Carbon, Illinois?
Investing in Glen Carbon, IL offers opportunities for properties under $300k, making it accessible for new investors. The area's average rental yield is growing, and the community has favorable demographics for renters. With a supportive local economy, investors can expect a solid cap rate and potential for appreciation.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Glen Carbon is around $1,200 per month, attracting a mix of families and professionals.
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