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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Jacksonville, IL
Listed for sale 5 days ago
$ 197,000
ROI
22.4
Cash Flow/m
146- 4 Bed
- 4 Bath
- 2240 sft
717 Pearl St, Jacksonville, IL, 62650
Listed for sale 7 days ago
$ 118,900
ROI
24.3Cash Flow/m
150- 2 Bed
- 1 Bath
- 1012 sft
738 Goltra Ave, Jacksonville, IL, 62650
$ 189,000
ROI
30.0Cash Flow/m
539- 3 Bed
- 3 Bath
- 1940 sft
1107 Hall Dr W, Jacksonville, IL, 62650
Currently Rented
$ 175,000
ROI
26.1Cash Flow/m
310- 3 Bed
- 2 Bath
- 1844 sft
242 N Webster Ave, Jacksonville, IL, 62650
Why Invest in Jacksonville, Illinois?
Investing in Jacksonville, IL, offers unique opportunities in the real estate market, particularly for multifamily properties. With a rental yield of 6.5% and an average cash flow of $300 per month, it's a promising location for investors looking for strong returns. The city's vacancy rate is relatively low, ensuring consistent occupancy and a stable income stream.
12%
Avg. ROI
6.5%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Jacksonville, IL, is approximately $950 per month, making it an affordable option for renters compared to nearby urban areas.
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