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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Mc Leansboro, IL
$ 129,990
ROI
23.4
Cash Flow/m
131- 3 Bed
- 2 Bath
- 1200 sft
602 W Cherry St, Mc Leansboro, IL, 62859
$ 170,000
ROI
22.3Cash Flow/m
119- 3 Bed
- 2 Bath
- 1584 sft
105 N Epperson Dr, MC LEANSBORO, IL, 62859
$ 155,000
ROI
22.3Cash Flow/m
108- 2 Bed
- 1 Bath
- 1300 sft
11164 State Route 14, Mc Leansboro, IL, 62859
$ 149,900
ROI
23.0Cash Flow/m
137- 4 Bed
- 2 Bath
- 1250 sft
300 N Virginia St, Mc Leansboro, IL, 62859
Why Invest in Mc Leansboro, Illinois?
Investing in McLeansboro, IL, offers a unique opportunity to purchase properties under $300k. This small town boasts a strong rental market with an average rental yield of around 8.5%, making it attractive for real estate investors. The area has shown a steady appreciation rate of 3% annually, coupled with a balanced mix of renter-occupied housing. With an average cash flow of $200/month, investors can expect positive returns.
10%
Avg. ROI
8.5%
Rental Yield
7.2%
Cap Rate
$200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in McLeansboro is approximately $950 per month, making it an affordable option for renters.
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