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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Rochelle, IL

$ 204,900
ROI
23.9
Cash Flow/m
235- 2 Bed
- 1 Bath
- 1046 sft
5324 S Wendell Dr, Rochelle, IL, 61068

$ 209,900
ROI
20.5
Cash Flow/m
45- 3 Bed
- 2 Bath
- 1240 sft
423 Wayne Rd, Rochelle, IL, 61068

$ 199,900
ROI
22.6
Cash Flow/m
156- 3 Bed
- 2 Bath
- 1286 sft
353 Irene Ave, Rochelle, IL, 61068

$ 140,000
ROI
21.0
Cash Flow/m
49- 3 Bed
- 2 Bath
- 1200 sft
400 Phyllis Ave SE, 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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