Investment Properties Under $300K in Metropolis, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

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

Property at 2 Dove Ln, Metropolis, IL
Listed for sale 2 days ago
$ 204,900
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign54
  • 3 Bed
  • 2 Bath
  • 1570 sft
2 Dove Ln, Metropolis, IL, 62960
Property at 15 White Oak Ln, METROPOLIS, IL
Fix & Flip
$ 235,000
ROI
20.3ROI percentage
Cash Flow/m
Dollar sign33
  • 4 Bed
  • 3 Bath
  • 2428 sft
15 White Oak Ln, METROPOLIS, IL, 62960
Property at 44 Marberry Dr, Metropolis, IL
$ 189,500
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign133
  • 3 Bed
  • 2 Bath
  • 1514 sft
44 Marberry Dr, Metropolis, IL, 62960
Property at 600 E 15th St, Metropolis, IL
$ 209,900
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign398
  • 4 Bed
  • 2 Bath
  • 2210 sft
600 E 15th St, Metropolis, IL, 62960

Why Invest in Metropolis, Illinois?

Investing in properties under $300K in Illinois can yield impressive returns given the state's affordable real estate market. Investors can take advantage of a strong rental yield and attractive cap rates, especially in urban areas. The potential for price appreciation combined with favorable job growth statistics makes Illinois a compelling choice for real estate investment.

8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental rate in Illinois is currently around $1,200, with some variance depending on the specific location within the state. Investors should consider market trends and rental growth projections.

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