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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 options for properties under $500,000, making it an attractive opportunity for budget-conscious investors. With a growing rental market and moderate property prices, potential investors can benefit from solid rental yields and a stable community. The area features a rich local culture and affordable living, making it appealing for both renters and future buyers.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental rate in McLeansboro is approximately $900 per month, which offers decent opportunities for investors looking to enter the rental market.
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