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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Jonesboro, IL
$ 135,000
ROI
25.9
Cash Flow/m
231- 2 Bed
- 1 Bath
- 1316 sft
545 State Route 127 N, Jonesboro, IL, 62952
$ 109,500
ROI
23.5Cash Flow/m
113- 3 Bed
- 2 Bath
- 1270 sft
200 Williford Rd, Jonesboro, IL, 62952
$ 187,500
ROI
22.6Cash Flow/m
149- 5 Bed
- - Bath
- 1500 sft
300 Williford Rd, Jonesboro, IL, 62952
$ 182,500
ROI
29.7Cash Flow/m
503- 4 Bed
- 2 Bath
- 1945 sft
310 Williford Rd, Jonesboro, IL, 62952
Why Invest in Jonesboro, Illinois?
Jonesboro, Illinois, offers impressive opportunities for property investments under $200,000. With a growing rental market and increasing demand, this area provides a desirable setting for investors seeking solid returns on investment. The location exhibits a cap rate of around 8% and a rental yield of 10%, making it an attractive choice for prospective landlords.
12%
Avg. ROI
10%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Jonesboro is approximately $800 per month for a standard 2-bedroom unit, making it an affordable option for renters.
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