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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Lexington, IL
Listed for sale 3 days ago
$ 250,000
ROI
20.7
Cash Flow/m
66- 3 Bed
- 2 Bath
- 1612 sft
109 S Elm St, Lexington, IL, 61753
$ 150,000
ROI
39.5Cash Flow/m
823- 4 Bed
- 1 Bath
- 2340 sft
207 N Oak St, Lexington, IL, 61753
$ 155,000
ROI
48.7Cash Flow/m
1247- 3 Bed
- 2 Bath
- 2400 sft
25203 N 2175 East Rd, Lexington, IL, 61753
$ 158,000
ROI
41.9Cash Flow/m
972- 3 Bed
- 2 Bath
- 1545 sft
112 Hilton Dr, Lexington, IL, 61753
Why Invest in Lexington, Illinois?
Investing in properties under $300k in Illinois offers affordable options for both new and experienced investors. The potential for positive cash flow, alongside a competitive rental market, makes this a promising area for real estate ventures. With rental yields around 7% and average cap rates of 8%, you can feel confident about your investment return.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Illinois is approximately $1,200 per month, depending on location and property type. Investors can expect varying average rents in different areas.
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