Under $300K Investment Properties for Sale in Patoka, IL

Property at 6600 Marshall Creek Rd, Patoka, IL
$ 245,000
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign139
  • 2 Bed
  • 1 Bath
  • 1714 sft
6600 Marshall Creek Rd, Patoka, IL, 62875
Property at 405 E Fayette Ave, Patoka, IL
$ 120,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign74
  • 2 Bed
  • 2 Bath
  • 1680 sft
405 E Fayette Ave, Patoka, IL, 62875
Property at 507 W Jefferson Ave, Patoka, IL
$ 200,000
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign49
  • 2 Bed
  • 2 Bath
  • 1280 sft
507 W Jefferson Ave, Patoka, IL, 62875
Property at 407 E Fayette Ave, Patoka, IL
$ 140,000
ROI
23.7ROI percentage
Cash Flow/m
Dollar sign153
  • 3 Bed
  • 2 Bath
  • 1568 sft
407 E Fayette Ave, Patoka, IL, 62875

Why Invest in Patoka, Illinois?

Investing in properties under $300K in Illinois can yield attractive returns due to the state's steady economic growth. With a growing population and increasing rental demand, investors can expect competitive cash flow and reasonable appreciation rates. Illinois offers opportunities in various markets, making it ideal for savvy investors seeking affordable entry points.

8.5%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

In Illinois, you can find single-family homes, condos, and townhomes under $300K. These properties often appeal to first-time investors and those looking for rental income.

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