Under $500K 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
20.5Cash Flow/m
50- 4 Bed
- 2 Bath
- 1042 sft
931 Miller Pl, Phoenix, IL, 60426
$ 125,000
ROI
23.4Cash 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
31.9Cash Flow/m
421- 4 Bed
- 2 Bath
- - sft
15144 9th Ave, 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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