Under $300K Investment Properties for Sale in Lena, IL
$ 220,000
ROI
27.1
Cash Flow/m
449- 3 Bed
- 2 Bath
- 2040 sft
307 Locust St, Lena, IL, 61048
$ 182,500
ROI
21.5Cash Flow/m
87- 2 Bed
- 2 Bath
- 1394 sft
205 Sherwood Ln, Lena, IL, 61048
$ 249,900
ROI
20.3Cash Flow/m
37- 5 Bed
- 3 Bath
- 2785 sft
414 Oak St, Lena, IL, 61048
$ 230,000
ROI
24.3Cash Flow/m
292- 3 Bed
- 2 Bath
- 1791 sft
808 Virginia Ave, Lena, IL, 61048
Why Invest in Lena, Illinois?
Investing in properties under $300k in Illinois can offer significant returns, especially as the demand for affordable housing continues to rise. With an average rental yield of 8% and a cap rate around 7%, the potential for cash flow is promising. Market trends indicate steady appreciation rates, making this an opportune time to invest.
15%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
You can find a variety of properties, including single-family homes, townhouses, and condominiums, under $300k. Many of these options provide great value for both rental investments and first-time homebuyers.
Find Your Perfect Investment Property in Lena, Illinois
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