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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Pekin, IL
Fix & Flip
Listed for sale today
$ 179,900
ROI
23.0
Cash Flow/m
162- 3 Bed
- 3 Bath
- 2065 sft
17 Winged Foot Dr, Pekin, IL, 61554
Listed for sale 4 days ago
$ 137,500
ROI
22.5Cash Flow/m
106- 3 Bed
- 1 Bath
- 1595 sft
1710 Crescent Dr, Pekin, IL, 61554
Listed for sale 7 days ago
$ 165,000
ROI
22.7Cash Flow/m
135- 3 Bed
- 2 Bath
- 1248 sft
1 Brentwood Ct, Pekin, IL, 61554
$ 167,500
ROI
23.6Cash Flow/m
177- 2 Bed
- 1 Bath
- 1436 sft
1606 N 4th St, Pekin, IL, 61554
Why Invest in Pekin, Illinois?
Investing in Pekin, IL is an attractive opportunity for those seeking properties under $200k. The affordable housing market provides a favorable environment for investors looking for strong rental yields and potential appreciation. With a growing population and low vacancy rates, Pekin presents a solid option for passive income generation.
8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average home price in Pekin is typically around $180,000, making it an affordable option in Illinois. This price point attracts many first-time homebuyers and investors.
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