Investment Properties Under $200K in Pana, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Pana, IL

Property at 412 Kitchell St, Pana, IL
$ 200,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign12
  • 3 Bed
  • 2 Bath
  • 1982 sft
412 Kitchell St, Pana, IL, 62557
Property at 614 Spruce St, Pana, IL
$ 148,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign92
  • 2 Bed
  • 1 Bath
  • 1056 sft
614 Spruce St, Pana, IL, 62557
Property at 801 E 6th St, Pana, IL
$ 129,900
ROI
29.7ROI percentage
Cash Flow/m
Dollar sign373
  • 3 Bed
  • 2 Bath
  • 1152 sft
801 E 6th St, Pana, IL, 62557
Property at 1208 N 600 East Rd, Pana, IL
$ 192,500
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign157
  • 3 Bed
  • 2 Bath
  • 1800 sft
1208 N 600 East Rd, 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.

Find Your Perfect Investment Property in Pana, Illinois

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