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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Moro, IL
Listed for sale 1 day ago
$ 239,900
ROI
24.5
Cash Flow/m
316- 4 Bed
- 2 Bath
- 2400 sft
16 Lake Dr, Moro, IL, 62067
$ 254,900
ROI
21.6Cash Flow/m
129- 2 Bed
- 2 Bath
- 1312 sft
188 Bay Meadow Cir, Moro, IL, 62067
$ 210,000
ROI
20.3Cash Flow/m
34- 2 Bed
- 1 Bath
- 976 sft
101 Sterling Dr, Moro, IL, 62067
$ 185,000
ROI
22.4Cash Flow/m
138- 3 Bed
- 3 Bath
- 1352 sft
228 Willowrun Dr, Moro, IL, 62067
Why Invest in Moro, Illinois?
Investing in properties under $300k in Illinois can provide significant opportunities, especially for first-time investors. This state has a steady average rental yield and an attractive cap rate, making it a feasible choice for generating cash flow while ensuring an appreciation potential over time. With the right strategies, investors can capitalize on the affordable housing market and enjoy consistent rental income.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
In Illinois, you can find a variety of properties under $300k, including single-family homes, townhouses, and some multi-family units. The specific offerings will depend on the city and neighborhood.
Find Your Perfect Investment Property in Moro, Illinois
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