Investment Properties Under $200K in Marion, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Marion, IL

Property at 1311 N Van Buren St, Marion, IL
Listed for sale 2 days ago
$ 175,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign115
  • 4 Bed
  • 3 Bath
  • - sft
1311 N Van Buren St, Marion, IL, 62959
Property at 910 Fairlane Dr, MARION, IL
$ 199,999
ROI
29.9ROI percentage
Cash Flow/m
Dollar sign562
  • 6 Bed
  • 3 Bath
  • 1976 sft
910 Fairlane Dr, MARION, IL, 62959
Property at 1802 Bridge St, Marion, IL
Listed for sale 2 days ago
$ 174,900
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign161
  • 3 Bed
  • 2 Bath
  • 1233 sft
1802 Bridge St, Marion, IL, 62959
Property at 1003 N Monroe St, Marion, IL
Listed for sale 3 days ago
$ 145,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign104
  • 2 Bed
  • 1 Bath
  • 1278 sft
1003 N Monroe St, 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.

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