Under $200K Investment Properties for Sale in New Baden, IL
Fix & Flip
Listed for sale 7 days ago
$ 170,000
ROI
27.8
Cash Flow/m
381- 3 Bed
- 2 Bath
- 1215 sft
6 E Birch St, New Baden, IL, 62265
$ 166,500
ROI
23.1Cash Flow/m
156- 3 Bed
- 3 Bath
- 2025 sft
832 Lila Ct, New Baden, IL, 62265
$ 177,000
ROI
23.4Cash Flow/m
178- 4 Bed
- 1 Bath
- 1342 sft
9 N 3rd St, New Baden, IL, 62265
$ 190,000
ROI
24.3Cash Flow/m
242- 3 Bed
- 2 Bath
- 1401 sft
301 W Hanover St, New Baden, IL, 62265
Why Invest in New Baden, Illinois?
Investing in New Baden, IL, presents a unique opportunity for those looking for properties under $200k. With a rising demand for affordable housing, the area boasts favorable investment metrics. Recent reports indicate a growing rental yield and solid appreciation potential, especially as the local economy expands.
8.5%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in New Baden is approximately $950 per month, which is competitive for the region and reflects the local market demand.
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