Under $300K Investment Properties for Sale in Macon, IL
$ 230,000
ROI
22.6
Cash Flow/m
182- 3 Bed
- 2 Bath
- 1604 sft
11764 Jacobs Rd, Macon, IL, 62544
$ 269,900
ROI
24.7Cash Flow/m
374- 6 Bed
- 3 Bath
- 3200 sft
7060 Jacobs Rd, Macon, IL, 62544
$ 235,000
ROI
23.4Cash Flow/m
235- 3 Bed
- 2 Bath
- 1762 sft
280 W Frick St, Macon, IL, 62544
$ 139,900
ROI
23.2Cash Flow/m
133- 3 Bed
- 2 Bath
- 1213 sft
326 W Hight St, Macon, IL, 62544
Why Invest in Macon, Illinois?
Investing in real estate in Macon, IL presents an excellent opportunity, especially with properties listed under $300,000. With an average rental yield of around 7% and a cap rate nearing 9%, it's an attractive market for new and seasoned investors alike. The affordable housing market ensures a steady demand in an area with stable renter occupancy rates.
10%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Macon, IL is approximately $950 per month, which is relatively affordable compared to other areas in the state.
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