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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Savanna, IL
Listed for sale 2 days ago
$ 120,000
ROI
26.5
Cash Flow/m
226- 3 Bed
- 1 Bath
- 1288 sft
115 Calumet St, Savanna, IL, 61074
$ 129,900
ROI
20.9Cash Flow/m
41- 4 Bed
- 2 Bath
- 1568 sft
115 Van Buren St, Savanna, IL, 61074
Fix & Flip
$ 120,000
ROI
22.1Cash Flow/m
77- 3 Bed
- 2 Bath
- 1793 sft
910 Main St, Savanna, IL, 61074
Fix & Flip
$ 124,000
ROI
21.7Cash Flow/m
66- 2 Bed
- 1 Bath
- 928 sft
2313 Jackson St, Savanna, IL, 61074
Why Invest in Savanna, Illinois?
Savanna, IL offers unique opportunities for investors looking for properties under $200k. With an average rental yield of 7% and cap rates around 9%, it's an attractive market for those pursuing steady cash flow. The city's affordable housing market is supported by an increasing population, making it a viable option for long-term investments.
12%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$400/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price for properties in Savanna, IL is approximately $950 per month, making it an affordable option for many renters.
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