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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Golconda, IL

$ 119,000
ROI
22.3
Cash Flow/m
86- 2 Bed
- 1 Bath
- 1364 sft
316 Clanahan Rd, Golconda, IL, 62938

$ 184,176
ROI
55.3
Cash Flow/m
1822- 5 Bed
- 3 Bath
- 2000 sft
121 Coonhunters Rd, Golconda, IL, 62938

$ 180,000
ROI
22.7
Cash Flow/m
153- 4 Bed
- 3 Bath
- 2040 sft
16 State Highway 146 Rd E, Golconda, IL, 62938

$ 174,000
ROI
25.2
Cash Flow/m
262- 4 Bed
- 2 Bath
- 1680 sft
110 Jones Orchard Rd, Golconda, IL, 62938
Why Invest in Golconda, Illinois?
Investing in the housing market of Illinois, particularly in regions where properties are listed under $200k, offers significant opportunities. The average cash flow for investors stands at a promising $300 monthly, supported by a rental yield of approximately 7%. With a cap rate around 10%, seasoned real estate investors are keen on these areas for stable cash returns.
15%
Avg. ROI
7%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Many regions in Illinois, including smaller towns and suburban areas, feature properties below the $200k mark. Investors can find promising investment opportunities particularly in locations with strong rental demand.
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