Investment Properties Under $200K in Roanoke, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Roanoke, IL

Property at 207 Spruce Ln, Roanoke, IL
$ 155,000
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign119
  • 3 Bed
  • 1 Bath
  • 1464 sft
207 Spruce Ln, Roanoke, IL, 61561
Property at 511 W Smith St, Roanoke, IL
$ 119,900
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign97
  • 2 Bed
  • 1 Bath
  • 848 sft
511 W Smith St, Roanoke, IL, 61561
Property at 105 S Main St, Roanoke, IL
$ 189,900
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign152
  • 3 Bed
  • 2 Bath
  • 1596 sft
105 S Main St, Roanoke, IL, 61561
Property at 1599 County Road 1700 E, Roanoke, IL
Fix & Flip
$ 139,900
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign135
  • 4 Bed
  • 2 Bath
  • 2280 sft
1599 County Road 1700 E, Roanoke, IL, 61561

Why Invest in Roanoke, Illinois?

Roanoke, IL, offers a unique investment opportunity for properties under $200k. With a moderate cost of living and a strong rental yield, investors can capitalize on the area's affordability. The town's economic stability and growth potential make it a solid choice for real estate investments.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average home price in Roanoke, IL is currently around $180,000, making it accessible for many investors. This price range offers a good mix of property options for various investment strategies.

Find Your Perfect Investment Property in Roanoke, Illinois

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