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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Patoka, IL
Listed for sale 2 days ago
$ 139,900
ROI
22.2
Cash Flow/m
96- 2 Bed
- 1 Bath
- 972 sft
101 N Railroad St, Patoka, IL, 62875
$ 150,000
ROI
22.1Cash Flow/m
99- 3 Bed
- 2 Bath
- 1568 sft
407 E Fayette Ave, Patoka, IL, 62875
$ 130,000
ROI
22.0Cash Flow/m
80- 3 Bed
- 1 Bath
- 1170 sft
107 S Washington St, Patoka, IL, 62875
$ 130,000
ROI
21.9Cash Flow/m
77- 3 Bed
- 3 Bath
- 1800 sft
409 N Elm St, 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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