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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Lena, IL
Currently Rented
Listed for sale 3 days ago
$ 134,500
ROI
22.6
Cash Flow/m
107- 3 Bed
- 1 Bath
- 1245 sft
303 S Locust St, Lena, IL, 61048
$ 159,900
ROI
22.8Cash Flow/m
133- 3 Bed
- 2 Bath
- 1733 sft
303 Freedom St, Lena, IL, 61048
$ 176,000
ROI
27.8Cash Flow/m
393- 3 Bed
- 1 Bath
- 1125 sft
811 Henson St, Lena, IL, 61048
$ 125,000
ROI
39.2Cash Flow/m
677- 2 Bed
- 2 Bath
- 1529 sft
109 E Lena St, Lena, IL, 61048
Why Invest in Lena, Illinois?
Investing in properties under $200k in Lena, IL offers great potential for both affordability and return on investment. With an average rental yield of 6% and a cap rate of 8%, investors can expect solid cash flows in a community that values its historical charm and accessibility. The cost of living in Lena remains below national averages, making it an appealing option for young families and retirees alike.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Lena, IL is around $900 per month, making it an affordable location for renters.
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