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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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

$ 269,900
ROI
27.1
Cash Flow/m
552- 5 Bed
- 3 Bath
- 2200 sft
(Undisclosed Address), Phoenix, IL, 60426

$ 285,900
ROI
22.2
Cash Flow/m
191- 3 Bed
- 2 Bath
- 1840 sft
718 E 152nd St, Phoenix, IL, 60426

$ 169,900
ROI
25.3
Cash Flow/m
262- 3 Bed
- 2 Bath
- 1112 sft
928 E 153rd St, 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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