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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Millstadt, IL
$ 185,000
ROI
29.2
Cash Flow/m
486- 3 Bed
- 1 Bath
- 1000 sft
411 W Mill St, Millstadt, IL, 62260
Fix & Flip
$ 100,000
ROI
40.6Cash Flow/m
580- 2 Bed
- 1 Bath
- 810 sft
2757 Otten Rd, Millstadt, IL, 62260
$ 170,000
ROI
25.1Cash Flow/m
251- 2 Bed
- 1 Bath
- 1066 sft
309 W Madison St, Millstadt, IL, 62260
$ 180,000
ROI
23.2Cash Flow/m
171- 2 Bed
- 1 Bath
- 1264 sft
7850 Wagner Rd, Millstadt, IL, 62260
Why Invest in Millstadt, Illinois?
Investing in Millstadt, IL, offers an opportunity to acquire properties under $200K, catering to budget-conscious investors. With a recent rental yield of around 7% and a competitive cap rate of approximately 5%, the local market shows potential for solid returns. The appreciating property values and low vacancy rates make it an appealing choice for long-term investment.
8%
Avg. ROI
7%
Rental Yield
5%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Millstadt, you can find a variety of single-family homes, townhouses, and some multi-family units under $200K. These properties often require slight renovations, making them great for investment.
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