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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
$ 134,900
ROI
22.3
Cash Flow/m
93- 3 Bed
- 2 Bath
- 1719 sft
104 N 12th St, Pekin, IL, 61554
Listed for sale today
$ 259,900
ROI
28.0Cash Flow/m
600- 4 Bed
- 3 Bath
- 2744 sft
1302 Jefferson St, Pekin, IL, 61554
Listed for sale 2 days ago
$ 202,000
ROI
19.9Cash Flow/m
5- 3 Bed
- 2 Bath
- 20 sft
301 Maple Park Dr, Pekin, IL, 61554
Listed for sale 3 days ago
$ 124,900
ROI
23.5Cash Flow/m
131- 2 Bed
- 2 Bath
- 1056 sft
704 E Shore 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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