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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 1 day ago
$ 127,900
ROI
22.2
Cash Flow/m
87- 3 Bed
- 2 Bath
- 1196 sft
307 W 6th St, Metropolis, IL, 62960
Listed for sale 6 days ago
$ 132,900
ROI
21.9Cash Flow/m
80- 3 Bed
- 1 Bath
- 1335 sft
109 E 7th St, Metropolis, IL, 62960
$ 150,000
ROI
22.3Cash Flow/m
106- 4 Bed
- 2 Bath
- 3467 sft
310 E 3rd St, Metropolis, IL, 62960
Fix & Flip
$ 179,900
ROI
23.7Cash Flow/m
197- 3 Bed
- 2 Bath
- 1764 sft
6 Carriage Ln, 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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