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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
$ 134,900
ROI
21.9
Cash Flow/m
78- 3 Bed
- 1 Bath
- 1020 sft
715 E 155th Ct, Phoenix, IL, 60426
$ 169,900
ROI
25.3Cash Flow/m
262- 3 Bed
- 2 Bath
- 1112 sft
928 E 153rd St, Phoenix, IL, 60426
$ 120,000
ROI
22.0Cash Flow/m
76- 5 Bed
- 3 Bath
- 1200 sft
14924 Leavitt Ave, Phoenix, IL, 60426
$ 125,000
ROI
56.0Cash Flow/m
1261- 6 Bed
- 2 Bath
- - sft
538 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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