Under $500K Investment Properties for Sale in Milledgeville, IL

Why Invest in Milledgeville, Illinois?

Investing in properties under $500k in Milledgeville, IL can be a lucrative opportunity. The area's average rental yield stands at 6%, and it's witnessing a positive trend in renter occupancy rates. With a stable average cash flow of $300 per month, Milledgeville presents an appealing option for investors seeking value.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental price in Milledgeville is currently around $1,200. This reflects a gradual increase in demand for rental housing as more people move into the area.

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