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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Meredosia, IL

$ 115,000
ROI
22.6
Cash Flow/m
90- 1 Bed
- 1 Bath
- 4800 sft
499 S Green St, Meredosia, IL, 62665

$ 115,000
ROI
23.0
Cash Flow/m
103- 4 Bed
- 2 Bath
- 1373 sft
207 Locust St, Meredosia, IL, 62665

$ 119,500
ROI
21.8
Cash Flow/m
69- 3 Bed
- 2 Bath
- 1232 sft
2380 McKendree Chapel Rd, Meredosia, IL, 62665

$ 109,000
ROI
22.6
Cash Flow/m
86- 3 Bed
- 2 Bath
- 1250 sft
320 S Washington St, 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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