Under $300K Investment Properties for Sale in Pekin, IL
Listed for sale today
$ 219,900
ROI
24.5
Cash Flow/m
293- 3 Bed
- 3 Bath
- 2079 sft
1700 Crescent Dr, Pekin, IL, 61554
Listed for sale 2 days ago
$ 149,900
ROI
22.0Cash Flow/m
95- 3 Bed
- 1 Bath
- 1053 sft
1710 Heisel Ave, Pekin, IL, 61554
Listed for sale 2 days ago
$ 239,900
ROI
20.3Cash Flow/m
39- 5 Bed
- 3 Bath
- 2400 sft
1208 Timber Ln, Pekin, IL, 61554
Fix & Flip
Listed for sale 4 days ago
$ 249,900
ROI
28.0Cash Flow/m
572- 4 Bed
- 2 Bath
- 1968 sft
1927 Saint Clair 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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