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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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
$ 289,000
ROI
22.3Cash Flow/m
207- 3 Bed
- 2 Bath
- 2268 sft
220 Timber Ridge Ln, Jonesboro, IL, 62952
Why Invest in Jonesboro, Illinois?
Jonesboro, IL, is a hidden gem for investors looking for properties under $300k. With an average rental yield of 7% and rising appreciation rates, now is an opportune time to invest. Local employment growth and affordable living also attract renters, making it a favorable market for real estate.
10%
Avg. ROI
7%
Rental Yield
5%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Jonesboro is around $1,200 per month, making it an affordable option compared to larger markets.
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