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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Noble, IL
Fix & Flip
$ 120,000
ROI
22.4
Cash Flow/m
90- 6 Bed
- 2 Bath
- 6000 sft
120 W Poplar St, Noble, IL, 62868
$ 174,900
ROI
22.0Cash Flow/m
110- 3 Bed
- 2 Bath
- 1200 sft
1146 E Us Highway 50, Noble, IL, 62868
$ 210,000
ROI
25.1Cash Flow/m
312- 3 Bed
- 2 Bath
- 1916 sft
402 W South Ave, Noble, IL, 62868
$ 190,000
ROI
27.1Cash Flow/m
390- - Bed
- - Bath
- 2000 sft
205 N Palmer St, Noble, IL, 62868
Why Invest in Noble, Illinois?
Investing in Noble, IL can be a wise choice for those seeking properties under $300,000. The area boasts a growing rental market with appealing metrics such as a favorable rental yield of 6.5% and an average rent of $1,200. With a cap rate of 8% indicating strong potential for cash flow, it's a promising location for new investors.
12%
Avg. ROI
6.5%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Noble offer affordability with promising metrics such as a 6.5% rental yield. Additionally, the low vacancy rate indicates a stable rental market, making it a suitable investment opportunity.
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