Under $500K 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 Pittsfield, IL offers promising opportunities for properties under $500k. The area has a stable rental market with a rental yield of around 7%, making it attractive to investors seeking solid returns. Additionally, the average cash flow for these properties is approximately $300, with a cap rate of 8% that reflects healthy investment potential.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Pittsfield is approximately $850 per month. This competitive pricing makes it an appealing option for investors looking at properties under $500k.
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