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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Milledgeville, IL
$ 140,000
ROI
23.6
Cash Flow/m
148- 2 Bed
- 2 Bath
- 1708 sft
710 Hager Ave, Milledgeville, IL, 61051
$ 119,000
ROI
23.6Cash Flow/m
128- 4 Bed
- 2 Bath
- 1490 sft
17 W Old Mill St, Milledgeville, IL, 61051
$ 143,000
ROI
22.8Cash Flow/m
120- 3 Bed
- 2 Bath
- 1680 sft
409 9th St, Milledgeville, IL, 61051
$ 173,000
ROI
27.7Cash Flow/m
380- 3 Bed
- 2 Bath
- 1790 sft
521 Cochran Ave, Milledgeville, IL, 61051
Why Invest in Milledgeville, Illinois?
Investing in properties under $200k in Milledgeville, IL, offers a unique opportunity to tap into a growing market with promising returns. The area's average rental yield stands at 8%, making it an attractive option for investors. With a solid cap rate of 7%, properties here are poised for both cash flow and appreciation potential.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Milledgeville, IL, is approximately $950, making it affordable for many potential tenants.
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