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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
$ 249,900
ROI
29.2Cash Flow/m
658- 3 Bed
- 2 Bath
- 1061 sft
15362 7th Ave, Phoenix, IL, 60426
$ 165,000
ROI
26.2Cash Flow/m
296- 3 Bed
- 2 Bath
- 1112 sft
920 E 153rd St, Phoenix, IL, 60426
Why Invest in Phoenix, Illinois?
Investing in Phoenix, IL, presents a unique opportunity, especially for properties under $500K. The city offers a balance of affordability and potential for value appreciation. With a robust local economy and increasing rental demand, investors can expect favorable returns on their investments.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average home price in Phoenix, IL, is around $450,000, making it an attractive area for buyers and investors looking for affordable options.
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