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 706 N State St, Roanoke, IL
Listed for sale 1 day ago
$ 114,990
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign93
  • 2 Bed
  • 1 Bath
  • 732 sft
706 N State St, Roanoke, IL, 61561
Property at 107 W Ann St, Roanoke, IL
$ 199,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign212
  • 6 Bed
  • 3 Bath
  • 2045 sft
107 W Ann St, Roanoke, IL, 61561
Property at 1295 County Road 1600 E, Roanoke, IL
$ 114,810
ROI
55.1ROI percentage
Cash Flow/m
Dollar sign1131
  • 4 Bed
  • 2 Bath
  • 2532 sft
1295 County Road 1600 E, Roanoke, IL, 61561
Property at 703 N Main St, Roanoke, IL
$ 197,500
ROI
33.8ROI percentage
Cash Flow/m
Dollar sign775
  • 4 Bed
  • 3 Bath
  • 1686 sft
703 N Main St, 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.

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