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

$ 269,900
ROI
25.9
Cash Flow/m
462- 3 Bed
- 2 Bath
- 1640 sft
780 Luxor Landing Rd, Goreville, IL, 62939

$ 134,900
ROI
22.6
Cash Flow/m
106- 3 Bed
- 2 Bath
- 1200 sft
145 Cherokee Dr, Goreville, IL, 62939

Fix & Flip
$ 180,000
ROI
22.0
Cash Flow/m
110- 1 Bed
- 1 Bath
- 640 sft
3470 Friendship Loop, Goreville, IL, 62939

Airbnb Potential
$ 119,900
ROI
23.6
Cash Flow/m
128- 3 Bed
- 2 Bath
- 1152 sft
585 Timberwolf Dr, Goreville, IL, 62939
Why Invest in Goreville, Illinois?
Investing in Goreville, IL offers opportunities for properties under $300k in a growing community. With a low average home price, investors can enjoy favorable metrics like high rental yields and appreciation rates. The local market offers a balance between affordable investments and potential for growth.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Goreville, IL, is approximately $850 per month, making it an affordable option for both renters and investors.
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