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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Granite City, IL
Listed for sale today
$ 255,000
ROI
23.4
Cash Flow/m
254- 2 Bed
- 2 Bath
- 3668 sft
2710 State St, Granite City, IL, 62040
Fix & Flip
Listed for sale 1 day ago
$ 139,900
ROI
23.5Cash Flow/m
147- 4 Bed
- 2 Bath
- 1901 sft
2057 Cleveland Blvd, Granite City, IL, 62040
Listed for sale 1 day ago
$ 130,000
ROI
29.7Cash Flow/m
358- 2 Bed
- 1 Bath
- 840 sft
4713 Warnock Ave, Granite City, IL, 62040
Listed for sale 1 day ago
$ 169,900
ROI
27.8Cash Flow/m
382- 3 Bed
- 2 Bath
- 1614 sft
4219 Old Alton Rd, Granite City, IL, 62040
Why Invest in Granite City, Illinois?
Investing in Granite City, IL, provides an opportunity to purchase properties under $300k in a market with a steady demand. With an average rental yield of 8% and a cap rate of around 7%, investors can expect solid returns. Additionally, Granite City's property values have shown consistent appreciation, making it a sound investment choice for long-term financial growth.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Granite City, IL, is approximately $1,200 per month, reflecting the area's demand for rental housing.
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