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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Princeville, IL
$ 234,900
ROI
30.3
Cash Flow/m
688- 3 Bed
- 2 Bath
- 1676 sft
421 W North St, Princeville, IL, 61559
$ 185,000
ROI
26.0Cash Flow/m
381- 5 Bed
- 1 Bath
- 2714 sft
617 N Santa Fe Ave, Princeville, IL, 61559
$ 188,500
ROI
32.7Cash Flow/m
679- 4 Bed
- 2 Bath
- 2240 sft
626 N Princeville Ave, Princeville, IL, 61559
$ 164,990
ROI
31.0Cash Flow/m
517- 3 Bed
- 1 Bath
- 1232 sft
413 W Spring St, Princeville, IL, 61559
Why Invest in Princeville, Illinois?
Investing in Princeville offers the opportunity to find homes under $300k, making it an attractive option for first-time buyers and seasoned investors alike. The area boasts an impressive average rental yield of 7.5% and solid cash flow opportunities, with an average rent of around $1,200. With a growing job market and an appreciation rate of 4% over the last year, the potential for value growth is evident.
12%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Princeville is around $1,200, making it affordable for many families and individuals. This pricing aligns well with the local job market and median income levels.
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