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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Millstadt, IL
Listed for sale 2 days ago
$ 310,000
ROI
22.5
Cash Flow/m
232- 3 Bed
- 3 Bath
- 1848 sft
216 W Harrison St, Millstadt, IL, 62260
$ 225,000
ROI
27.9Cash Flow/m
509- 3 Bed
- 2 Bath
- 1370 sft
402 W Oak St, Millstadt, IL, 62260
$ 295,000
ROI
23.1Cash Flow/m
273- 3 Bed
- 2 Bath
- 1795 sft
320 Harvest St, Millstadt, IL, 62260
$ 250,000
ROI
20.4Cash Flow/m
46- 2 Bed
- 2 Bath
- 2064 sft
13 N Jackson St, Millstadt, IL, 62260
Why Invest in Millstadt, Illinois?
Investing in properties under $500k in Millstadt, IL, offers a unique opportunity to tap into an emerging market. With a rental yield averaging around 6% and a competitive cap rate of 8%, investors can expect attractive returns. The city's steady appreciation and renter-occupied rate make it a promising venture for those looking to diversify their portfolio.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Millstadt is around $1,200 per month, making it affordable for many residents and appealing for investors.
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