Under $300K Investment Properties for Sale in Marion, IL
Listed for sale 1 day ago
$ 245,000
ROI
22.1
Cash Flow/m
161- 4 Bed
- 2 Bath
- 1884 sft
902 Cedar Ln, 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 2 days ago
$ 149,900
ROI
25.6Cash Flow/m
244- 2 Bed
- 1 Bath
- 912 sft
1703 W Hendrickson 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, IL presents a unique opportunity to acquire properties under $300K in a growing real estate market. With an average rental yield of 7% and low vacancy rates, Marion is appealing to both new and seasoned investors. The area boasts favorable cash flow, driven by an economy that supports steady rental demand.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Marion, IL is around $1,200 per month, making it an affordable option for tenants.
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