Under $500K Investment Properties for Sale in Gridley, IL
$ 199,000
ROI
22.4
Cash Flow/m
146- 2 Bed
- 2 Bath
- 2408 sft
310 W 5th St, Gridley, IL, 61744
$ 485,000
ROI
22.4Cash Flow/m
354- 3 Bed
- 3 Bath
- 2239 sft
9850 N 300 East Rd, Gridley, IL, 61744
$ 225,000
ROI
23.4Cash Flow/m
227- 3 Bed
- 1 Bath
- 1680 sft
104 E 4th St, Gridley, IL, 61744
$ 260,000
ROI
25.1Cash Flow/m
384- 5 Bed
- 2 Bath
- 2500 sft
202 E 8th St, Gridley, IL, 61744
Why Invest in Gridley, Illinois?
Gridley, IL offers a unique opportunity for investors looking for properties under $500k. The area is known for its affordable housing market, making it an attractive location for rental investments. With a growing renter population and competitive rental rates, you can expect a promising return on investment.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Gridley is approximately $1,200 per month, making it an affordable option for renters.
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