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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Iuka, IL

$ 119,900
ROI
23.6
Cash Flow/m
129- 4 Bed
- 2 Bath
- 1384 sft
103 Middleton St, Iuka, IL, 62849

$ 147,000
ROI
22.6
Cash Flow/m
116- 3 Bed
- 2 Bath
- 1500 sft
301 S Main St, Iuka, IL, 62849

$ 159,000
ROI
23.0
Cash Flow/m
144- 3 Bed
- 2 Bath
- 1792 sft
5342 Omega Rd, Iuka, IL, 62849

Currently Rented
Rental Income
$ 139,900
ROI
23.2
Cash Flow/m
135- 3 Bed
- 3 Bath
- 1878 sft
7324 State Route 161 Ext, Iuka, IL, 62849
Why Invest in Iuka, Illinois?
Investing in properties under $200k in Illinois can yield promising returns. With an average rental yield of 8% and a cap rate around 10%, this area attracts both new and seasoned investors. The demand for affordable housing keeps occupancy rates high, making it a smart choice for long-term investment.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
You can find a variety of properties including single-family homes, townhouses, and sometimes small multifamily units. These properties often attract both investors and first-time homebuyers.
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