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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in New Athens, IL
Listed for sale 7 days ago
$ 275,000
ROI
26.8
Cash Flow/m
539- 5 Bed
- 2 Bath
- 2534 sft
200 N Market St, New Athens, IL, 62264
$ 249,900
ROI
21.3Cash Flow/m
106- 4 Bed
- 3 Bath
- 2656 sft
403 N Clinton St, New Athens, IL, 62264
$ 285,000
ROI
25.6Cash Flow/m
462- 2 Bed
- 1 Bath
- 1367 sft
812 Reinhardt Dr, New Athens, IL, 62264
$ 199,900
ROI
22.1Cash Flow/m
131- 3 Bed
- 2 Bath
- 1658 sft
510 Highland St, New Athens, IL, 62264
Why Invest in New Athens, Illinois?
Investing in New Athens, IL offers unique opportunities, especially with properties under $300k. The area has shown a steady appreciation rate of 3%, making it an appealing market for both new and seasoned investors. With a rental yield of about 7%, you can expect robust cash flow while enjoying the benefits of a growing community.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in New Athens is around $1,200 per month, which provides a solid return on investment for rental properties.
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