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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Reddick, IL
Currently Rented
Listed for sale 1 day ago
$ 215,000
ROI
26.4
Cash Flow/m
398- 3 Bed
- 2 Bath
- - sft
18530 W 3000 North Rd #47, Reddick, IL, 60961
Currently Rented
$ 149,500
ROI
22.2Cash Flow/m
102- 3 Bed
- 2 Bath
- - sft
18530 W 3000 North Rd, Reddick, IL, 60961
Currently Rented
Airbnb Potential
$ 155,000
ROI
37.6Cash Flow/m
768- 3 Bed
- 2 Bath
- - sft
18530 W 3000 North Rd #49, Reddick, IL, 60961
$ 112,000
ROI
50.7Cash Flow/m
966- - Bed
- - Bath
- - sft
10705 S Kankakee Rd, Reddick, IL, 60961
Why Invest in Reddick, Illinois?
Investing in Reddick, IL for properties under $500k can be a wise choice due to the area's stable market conditions. The average cap rate here attracts many investors, with potential appreciation prospects stemming from the locality's steady demand and low vacancy rates. Reddick's affordability makes it an ideal target for long-term rental strategies and cash flow generation.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Reddick is around $1,200 per month, making it an affordable option for potential renters.
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