Under $300K 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
Currently Rented
Rental Income
$ 269,900
ROI
25.2Cash Flow/m
407- 3 Bed
- 2 Bath
- - sft
4201 John St, 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
$ 265,000
ROI
20.6Cash Flow/m
63- 4 Bed
- 2 Bath
- 1550 sft
5510 George St, Richmond, IL, 60071
Why Invest in Richmond, Illinois?
Investing in Richmond, Illinois, can be a smart move, especially with properties under $300,000 that offer solid returns. The market here boasts an average rental yield of 7% and a robust rental occupancy rate of 90%, presenting a lucrative opportunity for investors looking for affordable properties with growth potential.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Richmond is approximately $1,200 per month. Investors can expect a strong rental demand, especially for properties priced under $300,000.
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