Under $200K Investment Properties for Sale in Pittsfield, IL
Listed for sale 7 days ago
$ 199,900
ROI
22.0
Cash Flow/m
124- 4 Bed
- 2 Bath
- 3221 sft
314 E Washington St, Pittsfield, IL, 62363
Listed for sale 7 days ago
$ 115,000
ROI
23.1Cash Flow/m
107- 3 Bed
- 1 Bath
- 1118 sft
724 Prospect St, Pittsfield, IL, 62363
$ 179,900
ROI
23.4Cash Flow/m
183- 4 Bed
- 2 Bath
- 2749 sft
423 W Fayette St, Pittsfield, IL, 62363
$ 160,000
ROI
23.6Cash Flow/m
172- 3 Bed
- 1 Bath
- 2412 sft
202 N Clinton St, Pittsfield, IL, 62363
Why Invest in Pittsfield, Illinois?
Investing in real estate in Pittsfield, IL, particularly properties under $200k, offers an attractive entry point for new investors. With an average cash flow of $1,200 and a solid rental yield of 8%, opportunities abound for generating steady income. The city's low vacancy rate of 4% and appreciation rate of 3% signal a healthy market for rental investments.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Rental prices vary by property type, but on average, you can expect to pay around $1,500 for a typical rental unit in Pittsfield.
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