Under $200K Investment Properties for Sale in Pana, IL
$ 140,000
ROI
22.7
Cash Flow/m
114- 3 Bed
- 2 Bath
- 1272 sft
616 Spruce St, Pana, IL, 62557
$ 149,000
ROI
25.6Cash Flow/m
241- 3 Bed
- 1 Bath
- 1220 sft
512 N Poplar St, Pana, IL, 62557
$ 200,000
ROI
20.0Cash Flow/m
12- 3 Bed
- 2 Bath
- 1982 sft
412 Kitchell St, Pana, IL, 62557
$ 148,000
ROI
22.0Cash Flow/m
92- 2 Bed
- 1 Bath
- 1056 sft
614 Spruce St, Pana, IL, 62557
Why Invest in Pana, Illinois?
Investing in properties under $200k in Illinois, particularly in areas like Panola, presents attractive opportunities for investors. The rental market is showing great promise, offering solid cash flow and the potential for appreciation in value. With a focus on affordability, investors can enter the market with lower investment thresholds, while benefiting from a favorable cap rate and good rental yield.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
You can find a variety of properties including single-family homes, townhouses, and some multifamily units within the $200k range in Illinois. These options provide investors with flexibility in terms of investment strategies.
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