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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Metropolis, IL
Listed for sale 5 days ago
$ 146,000
ROI
23.0
Cash Flow/m
133- 3 Bed
- 2 Bath
- 2000 sft
2841 North Ave, Metropolis, IL, 62960
$ 149,900
ROI
22.3Cash Flow/m
105- 3 Bed
- 1 Bath
- 1248 sft
207 Butler St, Metropolis, IL, 62960
$ 115,000
ROI
22.0Cash Flow/m
73- 2 Bed
- 3 Bath
- 1509 sft
213 E 9th St, Metropolis, IL, 62960
$ 169,995
ROI
22.9Cash Flow/m
147- 4 Bed
- 2 Bath
- - sft
1909 Simmons St, Metropolis, IL, 62960
Why Invest in Metropolis, Illinois?
Investing in Metropolis, IL presents an excellent opportunity for those seeking properties under $200k. The area's affordable housing market, combined with an average rental yield of 8%, makes it an attractive option for new and seasoned investors alike. Additionally, with steady job growth and a supportive community fostering investment, buyers can expect positive cash flow from rental units.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Metropolis offers affordable housing options and a strong rental market, which can yield significant returns on investment. The low vacancy rates and community support for development further enhance the investment appeal.
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