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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Hamel, IL
$ 179,900
ROI
23.6
Cash Flow/m
192- 2 Bed
- 1 Bath
- 1224 sft
130 2nd St, Hamel, IL, 62046
$ 179,900
ROI
23.6Cash Flow/m
192- 2 Bed
- 2 Bath
- 1126 sft
404 S Old Us Route 66, Hamel, IL, 62046
or
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23.5Cash Flow/m
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22.7Cash Flow/m
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16.5Gross Rent Yield
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21.8Cash Flow/m
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22.1Cash Flow/m
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22.8Cash Flow/m
84- 3 Bed
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417 S Seigel St, Decatur, IL, 62522
$ 100,000
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23.0Cash Flow/m
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21.9Cash Flow/m
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22.1Cash Flow/m
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23.3Cash Flow/m
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$ 100,000
ROI
23.1Cash Flow/m
94- 2 Bed
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$ 100,000
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21.9Cash Flow/m
58- 2 Bed
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23.1Cash Flow/m
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23.5Cash Flow/m
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29.3Cash Flow/m
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$ 100,000
ROI
22.6Cash Flow/m
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$ 100,000
ROI
14.9Gross Rent Yield
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ROI
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ROI
33.7Cash Flow/m
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Why Invest in Hamel, Illinois?
Investing in properties under $200k in Illinois provides a unique opportunity to tap into emerging markets that are positioned for growth. With an average rental yield around 8%, investors can expect strong cash flow and significant appreciation in a state with a cost of living that is favorable for renters. Furthermore, the diverse workforce and economic stability of Illinois make it an attractive choice for real estate investment.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Some of the best areas for property investments under $200k in Illinois include cities like Peoria, Rockford, and Springfield, which offer affordable housing and growing rental markets.
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