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 612 N Franklin St, Roanoke, IL
$ 135,000
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign79
  • 2 Bed
  • 1 Bath
  • 1000 sft
612 N Franklin St, Roanoke, IL, 61561
Property at 606 N Main St, Roanoke, IL
$ 159,900
ROI
26.1ROI percentage
Cash Flow/m
Dollar sign283
  • 2 Bed
  • 1 Bath
  • 971 sft
606 N Main St, Roanoke, IL, 61561
Property at 512 N Jefferson St, Roanoke, IL
$ 142,900
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign132
  • 3 Bed
  • 1 Bath
  • 1185 sft
512 N Jefferson St, Roanoke, IL, 61561
Property at 901 N Theodore St, Roanoke, IL
Fix & Flip
$ 174,900
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign129
  • 3 Bed
  • 2 Bath
  • 2428 sft
901 N Theodore 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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