Under $300K Investment Properties for Sale in Phoenix, IL

Listed for sale 2 days ago
$ 219,999
ROI
20.2
Cash Flow/m
29- 4 Bed
- 2 Bath
- 1150 sft
15225 5th Ave, Phoenix, IL, 60426

$ 234,999
ROI
20.5
Cash Flow/m
50- 4 Bed
- 2 Bath
- 1042 sft
931 Miller Pl, Phoenix, IL, 60426

$ 125,000
ROI
23.4
Cash Flow/m
126- 3 Bed
- 3 Bath
- 2000 sft
526 E 154th Pl, Phoenix, IL, 60426

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
Why Invest in Phoenix, Illinois?
Investing in properties under $300K in Phoenix, IL, presents an exciting opportunity for real estate investors. The area has maintained strong rental yields and a healthy appreciation rate, making it ideal for both new and seasoned investors looking for lucrative returns. With a steady demand for rental units, investors can expect consistent cash flow from rental properties in this market.
8.5%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Phoenix, IL, is approximately $1,200 per month. This rate reflects the growing demand for rental units in the area.
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