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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Pekin, IL
Listed for sale today
$ 149,900
ROI
26.0
Cash Flow/m
260- 3 Bed
- 2 Bath
- 1776 sft
1 Richardson Ct, Pekin, IL, 61554
Listed for sale today
$ 159,900
ROI
32.1Cash Flow/m
550- 3 Bed
- 4 Bath
- 2519 sft
356 S Capitol St, Pekin, IL, 61554
Currently Rented
Listed for sale today
$ 110,000
ROI
32.1Cash Flow/m
377- 2 Bed
- 2 Bath
- 2400 sft
1020 Fall Ave, Pekin, IL, 61554
Listed for sale today
$ 169,900
ROI
22.0Cash Flow/m
106- 3 Bed
- 2 Bath
- 1675 sft
1338 Georgeanne Dr, Pekin, IL, 61554
Why Invest in Pekin, Illinois?
Investing in Pekin, IL, particularly in properties under $300,000, offers a unique opportunity. With an average rental yield of 7.5% and a cap rate of 6.2%, this market is poised for steady growth. The low median home price of around $150,000 combined with a stable job market promotes positive cash flow for investors.
12%
Avg. ROI
7.5%
Rental Yield
6.2%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for residential properties in Pekin is approximately $950, making it affordable for most renters.
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