Under $500K 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, offers attractive opportunities for buyers looking for properties under $500k. This area boasts an average rental yield of 7.5%, making it a sound choice for real estate investors seeking good returns. With several major employers and increasing rental demand, the market is poised for appreciation.
10%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Marion, IL is approximately 7.5%, making it an attractive area for rental property investments.
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