Under $500K Investment Properties for Sale in Millstadt, IL
Currently Rented
Fix & Flip
$ 210,000
ROI
26.0
Cash Flow/m
363- 4 Bed
- 2 Bath
- 1920 sft
9 Concord Dr, Millstadt, IL, 62260
$ 210,000
ROI
26.9Cash Flow/m
414- 3 Bed
- 2 Bath
- 2006 sft
110 N Jefferson St, Millstadt, IL, 62260
$ 225,000
ROI
26.8Cash Flow/m
439- 3 Bed
- 2 Bath
- 2228 sft
612 S Polk St, Millstadt, IL, 62260
$ 225,000
ROI
22.0Cash Flow/m
141- 3 Bed
- 2 Bath
- 1032 sft
624 W Elm 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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