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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Newton, IL
$ 109,900
ROI
23.7
Cash Flow/m
120- 3 Bed
- 2 Bath
- - sft
207 N Jackson St, Newton, IL, 62448
Fix & Flip
$ 113,000
ROI
33.6Cash Flow/m
435- 3 Bed
- 1 Bath
- 1614 sft
105 S Lafayette St, Newton, IL, 62448
Airbnb Potential
$ 156,900
ROI
23.9Cash Flow/m
181- 2 Bed
- 1 Bath
- 1025 sft
13811 E Lake Jasper South Ave, Newton, IL, 62448
$ 175,000
ROI
22.0Cash Flow/m
109- 3 Bed
- 2 Bath
- 1711 sft
203 W Morgan St, Newton, IL, 62448
Why Invest in Newton, Illinois?
Investing in Newton, IL for properties under $300k offers a unique opportunity for affordable living and steady rental demand. With a balanced housing market, investors can expect reasonable returns and potential for future appreciation. The average rental yield in this area makes it attractive for those seeking high cash flow properties.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Newton, IL is approximately $950 per month, making it an affordable choice for many tenants.
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