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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Joy, IL
$ 135,000
ROI
22.6
Cash Flow/m
108- 3 Bed
- 2 Bath
- 1296 sft
106 E Beeson St, Joy, IL, 61260
$ 144,000
ROI
29.4Cash Flow/m
385- 2 Bed
- 1 Bath
- 1212 sft
403 S Washington St, Joy, IL, 61260
$ 104,900
ROI
22.5Cash Flow/m
79- 3 Bed
- 1 Bath
- 1240 sft
311 W Illinois St, Joy, IL, 61260
or
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23.0Cash Flow/m
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23.3Cash Flow/m
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8.2Gross Rent Yield
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9.8Gross Rent Yield
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$ 100,000
ROI
22.7Cash Flow/m
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22.0Cash Flow/m
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23.0Cash Flow/m
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$ 100,000
ROI
22.7Cash Flow/m
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$ 100,000
ROI
22.6Cash Flow/m
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ROI
-Cash Flow/m
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$ 100,000
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22.6Cash Flow/m
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22.6Cash Flow/m
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Why Invest in Joy, Illinois?
Investing in properties under $200k in Illinois presents an exciting opportunity for budding real estate investors. With a diverse economy and moderate rental yields, Illinois offers unique investment prospects. Notably, many cities are showing appreciation trends, making this state a promising option for affordable housing investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Many cities in Illinois offer properties priced under $200k, including Rockford, Peoria, and Springfield. These areas have shown potential for growth and stable rents.
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