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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
$ 289,900
ROI
28.5
Cash Flow/m
707- 3 Bed
- 2 Bath
- 2399 sft
31 Windermere Dr, Glen Carbon, IL, 62034
$ 240,000
ROI
27.9Cash Flow/m
541- 3 Bed
- 2 Bath
- 1344 sft
6037 Cherokee Ave, Glen Carbon, IL, 62034
$ 249,500
ROI
21.9Cash Flow/m
147- 2 Bed
- 1 Bath
- 1114 sft
10 Ginger Lake Dr W, Glen Carbon, IL, 62034
$ 233,500
ROI
24.5Cash Flow/m
311- 3 Bed
- 2 Bath
- 2056 sft
18 Ginger Lake Dr W, 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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