Under $200K Investment Properties for Sale in Marion, IL
Listed for sale 2 days ago
$ 149,900
ROI
25.6
Cash Flow/m
244- 2 Bed
- 1 Bath
- 912 sft
1703 W Hendrickson St, Marion, IL, 62959
$ 150,000
ROI
22.9Cash Flow/m
131- 5 Bed
- 3 Bath
- 2600 sft
208 W College St, MARION, IL, 62959
Listed for sale 3 days ago
$ 120,000
ROI
22.4Cash Flow/m
88- 2 Bed
- 1 Bath
- 1093 sft
705 W College St, Marion, IL, 62959
$ 199,999
ROI
29.9Cash Flow/m
562- 6 Bed
- 3 Bath
- 1976 sft
910 Fairlane Dr, MARION, IL, 62959
Why Invest in Marion, Illinois?
Investing in Marion, Illinois, offers appealing opportunities to purchase properties under $200k. With a strong rental market and average cash flow that attracts investors, the region boasts an average rent of around $1,200. The local economy, combined with a favorable renter-occupied rate, makes it an attractive choice for real estate investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Property taxes in Marion are relatively moderate compared to other regions in Illinois. Investors can expect an average tax rate around 1.5% of the property's assessed value.
Find Your Perfect Investment Property in Marion, Illinois
Explore investment opportunities by strategy, performance, or property type
