Under $300K Investment Properties for Sale in Macomb, IL
Listed for sale 4 days ago
$ 130,000
ROI
20.3
Cash Flow/m
20- 2 Bed
- 2 Bath
- 1024 sft
2105 Maple Ave, Macomb, IL, 61455
Listed for sale 7 days ago
$ 175,000
ROI
26.1Cash Flow/m
311- 4 Bed
- 2 Bath
- 2360 sft
1213 Stacy Ln, Macomb, IL, 61455
$ 170,000
ROI
20.8Cash Flow/m
50- 4 Bed
- 3 Bath
- 2505 sft
230 E Pierce St, Macomb, IL, 61455
$ 175,000
ROI
22.8Cash Flow/m
149- 4 Bed
- 3 Bath
- 2898 sft
2 Woodland Ln, Macomb, IL, 61455
Why Invest in Macomb, Illinois?
Investing in Macomb, IL, where homes are available for under $300k, offers a unique opportunity for real estate investors looking for affordable properties with steady returns. The rental yield in this market is around 7%, driven by a healthy occupancy rate which often exceeds 90%. With favorable appreciation rates of approximately 4% year-over-year, Macomb stands as a promising market for long-term investments.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Macomb, IL, is approximately $950 per month, making it an affordable option for renters and investors alike.
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