Under $300K Investment Properties for Sale in Rochelle, IL
Listed for sale 5 days ago
$ 234,000
ROI
25.9
Cash Flow/m
399- 3 Bed
- 2 Bath
- 1260 sft
210 S 10th St, Rochelle, IL, 61068
$ 149,999
ROI
23.6Cash Flow/m
160- 2 Bed
- 1 Bath
- 760 sft
109 S 9th St, Rochelle, IL, 61068
$ 192,900
ROI
23.7Cash Flow/m
213- 3 Bed
- 1 Bath
- 1144 sft
355 Irene Ave, Rochelle, IL, 61068
$ 235,000
ROI
23.1Cash Flow/m
219- 3 Bed
- 1 Bath
- 1504 sft
5564 S Greenland Dr, Rochelle, IL, 61068
Why Invest in Rochelle, Illinois?
Rochelle, IL offers a unique opportunity for investors seeking properties under $300k. With a growing rental market, the city boasts competitive rental yields and a reasonable cost of entry for new investors. The local economy is supported by major employers, making it a strategically advantageous location for property investments.
8.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Rochelle, IL is around $950 per month, which offers good returns for rental property investors.
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