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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Madison, IL
$ 115,000
ROI
23.6
Cash Flow/m
124- 2 Bed
- 1 Bath
- 786 sft
1111 Greenwood St, Madison, IL, 62060
Fix & Flip
$ 125,000
ROI
23.7Cash Flow/m
136- 4 Bed
- 2 Bath
- 1284 sft
1735 Rhodes St, Madison, IL, 62060
$ 139,900
ROI
29.2Cash Flow/m
368- 3 Bed
- 1 Bath
- 1650 sft
2020 6th St, Madison, IL, 62060
$ 185,000
ROI
37.2Cash Flow/m
900- 6 Bed
- 3 Bath
- 1780 sft
1713 4th St, Madison, IL, 62060
Why Invest in Madison, Illinois?
Investing in Madison, IL, particularly for properties under $200k, presents a unique opportunity. The area features an affordable housing market, ideal for first-time investors seeking to maximize cash flow and secure high rental yields. With an average ROI around 8% and a rental yield of 7%, this market is becoming increasingly attractive for savvy investors.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Madison offers a growing rental market with affordable properties under $200k. Investors can benefit from strong rental yields and a stable job market.
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