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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
$ 269,900
ROI
24.1Cash Flow/m
324- 3 Bed
- 2 Bath
- 1400 sft
40 Presley Loop, Golconda, IL, 62938
Rental Income
$ 395,000
ROI
29.5Cash Flow/m
1073- 3 Bed
- 2 Bath
- 1113 sft
26 Perkins Rd, Golconda, IL, 62938
$ 184,176
ROI
55.3Cash Flow/m
1822- 5 Bed
- 3 Bath
- 2000 sft
121 Coonhunters Rd, Golconda, IL, 62938
Why Invest in Golconda, Illinois?
Investing in Golconda, IL offers unique opportunities for real estate investors, especially for properties under $500k. With a growing demand for affordable housing, you can expect solid returns and stable cash flow. The market is ripe for investors looking for value in small-town America.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Golconda, IL is approximately $1,200 per month, making it a competitive market for renters seeking affordable options.
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