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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
$ 149,000
ROI
22.9
Cash Flow/m
130- 3 Bed
- 2 Bath
- 1848 sft
16 Lazy Bull Dr, Golconda, IL, 62938
$ 264,000
ROI
23.2Cash Flow/m
254- 3 Bed
- 2 Bath
- 1400 sft
40 Presley Loop, Golconda, IL, 62938
$ 175,000
ROI
19.8Cash Flow/m
2- 5 Bed
- 3 Bath
- 3144 sft
1073 Bay City Rd, Golconda, IL, 62938
$ 139,900
ROI
29.5Cash Flow/m
381- 3 Bed
- 1 Bath
- 2002 sft
1 Bushwack 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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