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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Pekin, IL
Listed for sale today
$ 199,900
ROI
26.9
Cash Flow/m
394- 3 Bed
- 3 Bath
- 3326 sft
1305 Lawndale Ave, Pekin, IL, 61554
Currently Rented
Listed for sale 1 day ago
$ 110,000
ROI
36.2Cash Flow/m
503- 4 Bed
- 2 Bath
- 1958 sft
921 & 923 Ann Eliza St, Pekin, IL, 61554
Listed for sale 2 days ago
$ 128,900
ROI
22.0Cash Flow/m
82- 3 Bed
- 2 Bath
- 1512 sft
132 Center St, Pekin, IL, 61554
Listed for sale 2 days ago
$ 114,900
ROI
23.4Cash Flow/m
116- 2 Bed
- 1 Bath
- 1194 sft
1219 S 18th St, Pekin, IL, 61554
Why Invest in Pekin, Illinois?
Investing in Pekin, IL, offers a unique opportunity for those looking for properties under $500,000. With a competitive rental market and strong appreciation potential, investors can benefit from positive cash flow and favorable cap rates. The city is characterized by its affordable housing and a healthy demand for rentals, making it an attractive choice for both new and seasoned investors.
8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Pekin, IL is approximately $1,200 per month, making it an affordable option for many renters.
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