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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Phoenix, IL
Currently Rented
Fix & Flip
Rental Income
$ 125,000
ROI
31.9
Cash Flow/m
421- 4 Bed
- 2 Bath
- - sft
15144 9th Ave, Phoenix, IL, 60426
Currently Rented
$ 150,000
ROI
23.6Cash Flow/m
161- 3 Bed
- 1 Bath
- 1021 sft
911 E 152nd St, Phoenix, IL, 60426
$ 165,000
ROI
26.2Cash Flow/m
296- 3 Bed
- 2 Bath
- 1112 sft
920 E 153rd St, Phoenix, IL, 60426
$ 125,000
ROI
22.1Cash Flow/m
80- 3 Bed
- 3 Bath
- 2000 sft
526 E 154th Pl, Phoenix, IL, 60426
Why Invest in Phoenix, Illinois?
Investing in Phoenix, IL, especially in properties under $200k, offers a unique chance to tap into an emerging market. With a strong rental yield and affordable entry point, this area is becoming attractive for both renters and investors. The local economy is showing steady job growth and population stability, making it a promising location for real estate ventures.
8.5%
Avg. ROI
7.2%
Rental Yield
5.8%
Cap Rate
$250/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rental price in Phoenix, IL, is approximately $800 per month, making it an affordable option for renters.
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