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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Savanna, IL
Listed for sale today
$ 115,000
ROI
24.3
Cash Flow/m
144- 3 Bed
- 1 Bath
- 1400 sft
13298 S Wacker Cir, Savanna, IL, 61074
$ 159,000
ROI
28.4Cash Flow/m
382- 3 Bed
- 2 Bath
- 2050 sft
18 Charles St, Savanna, IL, 61074
$ 119,000
ROI
29.5Cash Flow/m
324- 4 Bed
- 2 Bath
- 1250 sft
1723 E Lawn Dr, Savanna, IL, 61074
$ 119,000
ROI
23.1Cash Flow/m
112- 3 Bed
- 1 Bath
- 1040 sft
330 California St, Savanna, IL, 61074
Why Invest in Savanna, Illinois?
Investing in properties under $500k in Savanna, IL offers a unique opportunity to tap into a growing market with affordable options. The area has demonstrated steady appreciation rates, ensuring a solid return on investment over time. With a favorable rental yield and a respectable cap rate, investors can expect to see good cash flow from rental properties in this region.
7%
Avg. ROI
5%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Savanna offers a variety of properties under $500k, including single-family homes, duplexes, and small multifamily units. This variety makes it an attractive market for both new investors and seasoned real estate professionals.
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