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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Richmond, IL
$ 123,500
ROI
30.6
Cash Flow/m
371- 1 Bed
- 1 Bath
- 625 sft
330 Cunat Blvd APT 3C, Richmond, IL, 60071
$ 125,000
ROI
30.3Cash Flow/m
366- 1 Bed
- 1 Bath
- 725 sft
400 Cunat Blvd APT 2D, Richmond, IL, 60071
$ 125,000
ROI
28.6Cash Flow/m
309- 1 Bed
- 1 Bath
- 625 sft
430 Cunat Blvd APT 3C, Richmond, IL, 60071
$ 127,500
ROI
29.2Cash Flow/m
336- 1 Bed
- 1 Bath
- 725 sft
340 Cunat Blvd APT 2A, 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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