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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Melvin, IL
Listed for sale today
$ 198,000
ROI
21.0
Cash Flow/m
67- 4 Bed
- 2 Bath
- 2152 sft
213 N Hunt St, Melvin, IL, 60952
$ 140,000
ROI
22.6Cash Flow/m
112- 3 Bed
- 1 Bath
- 1604 sft
221 N Crossley St, Melvin, IL, 60952
$ 149,900
ROI
27.2Cash Flow/m
309- 3 Bed
- 1 Bath
- 1192 sft
218 N Crossley St, Melvin, IL, 60952
or
Here are some other similar properties you might be interested in:
Listed for sale today
$ 100,000
ROI
23.7Cash Flow/m
109- 2 Bed
- 1 Bath
- 930 sft
1102 N McKinley Ave, Champaign, IL, 61821
Listed for sale 1 day ago
$ 100,000
ROI
23.0Cash Flow/m
89- 3 Bed
- 1 Bath
- 980 sft
126 Fulton St, Galesburg, IL, 61401
Listed for sale 6 days ago
$ 100,000
ROI
22.0Cash Flow/m
62- 3 Bed
- 2 Bath
- 1652 sft
9799 Highway 127, Murphysboro, IL, 62966
$ 100,000
ROI
23.1Cash Flow/m
93- 3 Bed
- 1 Bath
- 1070 sft
(Undisclosed Address), Burnham, IL, 60633
Fix & Flip
$ 100,000
ROI
23.4Cash Flow/m
101- 4 Bed
- 2 Bath
- 2000 sft
8940 S Parnell Ave, Chicago, IL, 60620
Fix & Flip
$ 100,000
ROI
22.9Cash Flow/m
87- 2 Bed
- 2 Bath
- 800 sft
1132 53rd St, Moline, IL, 61265
$ 100,000
ROI
23.3Cash Flow/m
99- 3 Bed
- 1 Bath
- 1700 sft
1410 17th St, Rockford, IL, 61104
Fix & Flip
$ 100,000
ROI
22.2Cash Flow/m
67- 2 Bed
- 2 Bath
- 816 sft
2716 Idaho Ave, Granite City, IL, 62040
$ 100,000
ROI
22.0Cash Flow/m
62- 4 Bed
- 2 Bath
- 1488 sft
208 N Main St, Dana, IL, 61321
$ 100,000
ROI
22.5Cash Flow/m
75- 3 Bed
- 2 Bath
- 1248 sft
223 W Washington St, Mount Sterling, IL, 62353
$ 100,000
ROI
22.8Cash Flow/m
85- 2 Bed
- 1 Bath
- 841 sft
343 Avalon St, Wood River, IL, 62095
Fix & Flip
$ 100,000
ROI
27.2Cash Flow/m
206- 3 Bed
- 1 Bath
- 1093 sft
723 S Hackman St, Staunton, IL, 62088
Currently Rented
$ 100,000
ROI
22.0Cash Flow/m
62- 2 Bed
- 2 Bath
- 1224 sft
105 N Adams St, Avon, IL, 61415
Fix & Flip
$ 100,000
ROI
23.1Cash Flow/m
92- 2 Bed
- 1 Bath
- 927 sft
501 N Logan St, Deer Creek, IL, 61733
$ 100,000
ROI
23.1Cash Flow/m
93- 3 Bed
- 2 Bath
- 1450 sft
1118 N 44th St, East Saint Louis, IL, 62204
Fix & Flip
$ 100,000
ROI
22.6Cash Flow/m
79- 3 Bed
- 2 Bath
- 1400 sft
1308 Veile Dr, Belleville, IL, 62220
$ 100,000
ROI
23.0Cash Flow/m
89- 1 Bed
- 1 Bath
- 510 sft
18 Pepperwood Ct, Glen Carbon, IL, 62034
Motivated Seller
$ 100,000
ROI
23.5Cash Flow/m
104- 3 Bed
- 1 Bath
- 1242 sft
704 N Madison St, Lincoln, IL, 62656
$ 100,000
ROI
11.1Gross Rent Yield
9.2- - Bed
- 1 Bath
- - sft
800 Washington Blvd APT 100, Oak Park, IL, 60302
$ 100,000
ROI
13.5Gross Rent Yield
9.2- 1 Bed
- 1 Bath
- 1000 sft
2608 186th St APT 205, Lansing, IL, 60438
$ 100,000
ROI
22.8Cash Flow/m
85- 3 Bed
- 1 Bath
- 1364 sft
122 N Waverly Ave, West Peoria, IL, 61604
$ 100,000
ROI
-Cash Flow/m
-- 3 Bed
- 2 Bath
- 1302 sft
16536 California Ave, Markham, IL, 60428
$ 100,000
ROI
23.5Cash Flow/m
104- 3 Bed
- 1 Bath
- 1719 sft
268 W Lincoln Hwy, Chicago Heights, IL, 60411
Motivated Seller
$ 100,000
ROI
22.9Cash Flow/m
87- 4 Bed
- 2 Bath
- 1062 sft
688 E 154th St, Dolton, IL, 60419
Why Invest in Melvin, Illinois?
Investing in Melvin, IL offers attractive opportunities with properties under $500k. With a growing rental market and a strong cap rate, it's an excellent time to consider real estate investment in this area. Investors can benefit from steady cash flow and reasonable entry prices, making it a well-rounded choice for those looking to diversify their portfolios.
7.5%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Average rental prices in Melvin, IL are currently around $1,500, making it an attractive area for both landlords and tenants. This price reflects the strong demand and solid rental yield in the region.
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