Under $300K Investment Properties for Sale in Meredosia, IL

Property at 145 W Chrisman Dr, Meredosia, IL
$ 119,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign75
  • 5 Bed
  • 2 Bath
  • 1700 sft
145 W Chrisman Dr, Meredosia, IL, 62665
Property at 313 Eagle Dr, Meredosia, IL
$ 185,000
ROI
20.3ROI percentage
Cash Flow/m
Dollar sign26
  • 4 Bed
  • 3 Bath
  • 1790 sft
313 Eagle Dr, Meredosia, IL, 62665
Property at 160 Beach Rd, Meredosia, IL
$ 109,900
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign113
  • 3 Bed
  • 2 Bath
  • - sft
160 Beach Rd, Meredosia, IL, 62665
Property at 2005 Cemetery Rd, Meredosia, IL
$ 185,000
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign163
  • 3 Bed
  • 2 Bath
  • 1950 sft
2005 Cemetery Rd, Meredosia, IL, 62665

Why Invest in Meredosia, Illinois?

Investing in Meredosia, IL, where properties are available under $300k, can yield wonderful opportunities for first-time investors. With a moderate cap rate and attractive rental yields, this small town is a burgeoning market for rental income. The low cost of living and affordable price points ensure that properties remain appealing to renters.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Meredosia, IL, is about 7%, making it an attractive option for landlords looking for a solid return on their investment.

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