Under $200K Investment Properties for Sale in Richmond, IL
Listed for sale 5 days ago
$ 145,000
ROI
21.9
Cash Flow/m
87- 1 Bed
- 1 Bath
- 725 sft
310 Cunat Blvd APT 1F, Richmond, IL, 60071
$ 139,900
ROI
23.0Cash Flow/m
126- 1 Bed
- 1 Bath
- 725 sft
330 Cunat Blvd APT 3D, Richmond, IL, 60071
$ 124,900
ROI
23.6Cash Flow/m
135- 3 Bed
- 2 Bath
- 1500 sft
4104 White St, Richmond, IL, 60071
$ 150,900
ROI
23.1Cash Flow/m
141- 2 Bed
- 2 Bath
- 1010 sft
500 Cunat Blvd APT 1B, Richmond, IL, 60071
Why Invest in Richmond, Illinois?
Richmond, IL presents an excellent opportunity for real estate investors looking for properties under $200k. With a stable rental market and an average cash flow of $2,500, this area boasts a 6% cap rate and a rental yield of 8%. Investors may also be drawn to the potential for appreciation in this growing community.
10%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$2500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Average rental prices in Richmond, IL are around $1,200 per month. This makes it an attractive market for both renters and investors.
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