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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Marion, IL
Listed for sale 1 day ago
$ 219,000
ROI
26.5
Cash Flow/m
409- 2 Bed
- 2 Bath
- 1750 sft
1506 Apache Dr, Marion, IL, 62959
$ 199,999
ROI
29.9Cash Flow/m
562- 6 Bed
- 3 Bath
- 1976 sft
910 Fairlane Dr, MARION, IL, 62959
Listed for sale 2 days ago
$ 175,000
ROI
22.1Cash Flow/m
115- 4 Bed
- 3 Bath
- - sft
1311 N Van Buren St, Marion, IL, 62959
Listed for sale 2 days ago
$ 174,900
ROI
23.1Cash Flow/m
161- 3 Bed
- 2 Bath
- 1233 sft
1802 Bridge St, 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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