Investment Properties Under $300K in Golconda, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Golconda, IL

Property at 316 Clanahan Rd, Golconda, IL
$ 119,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign86
  • 2 Bed
  • 1 Bath
  • 1364 sft
316 Clanahan Rd, Golconda, IL, 62938
Property at 40 Presley Loop, Golconda, IL
$ 269,900
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign324
  • 3 Bed
  • 2 Bath
  • 1400 sft
40 Presley Loop, Golconda, IL, 62938
Property at 121 Coonhunters Rd, Golconda, IL
$ 184,176
ROI
55.3ROI percentage
Cash Flow/m
Dollar sign1822
  • 5 Bed
  • 3 Bath
  • 2000 sft
121 Coonhunters Rd, Golconda, IL, 62938
Property at 16 State Highway 146 Rd E, Golconda, IL
$ 180,000
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign153
  • 4 Bed
  • 3 Bath
  • 2040 sft
16 State Highway 146 Rd E, Golconda, IL, 62938

Why Invest in Golconda, Illinois?

Investing in Golconda, Illinois offers opportunities to acquire properties priced under $300,000. This affordable market has shown steady growth, with an average rent that provides a strong rental yield and favorable cap rates for investors looking for value. Whether you're seeking long-term rental investments or for a vacation property, Golconda's market conditions are enticing.

8%
Avg. ROI
7.5%
Rental Yield
9%
Cap Rate
$200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

As of now, the average rental rates in Golconda hover around $950. This competitive pricing makes it an attractive option for tenants seeking affordable housing.

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