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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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?
Patoka, IL is an emerging market for real estate investors, especially for properties under $500k. With an attractive entry price, investors can tap into a rental market that showcases solid potential for growth. The area's current rental yield and appreciation rates suggest a positive return on investment, making it an appealing choice for those looking to diversify their portfolios.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Patoka, you can find a variety of single-family homes, townhouses, and even some multi-family units under $500k. These properties offer great investment opportunities due to the lower entry price.
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