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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
$ 134,900
ROI
21.9
Cash Flow/m
81- 3 Bed
- 2 Bath
- 1440 sft
14400 Three Mile Rd, Savanna, IL, 61074
$ 149,900
ROI
28.6Cash Flow/m
369- 3 Bed
- 2 Bath
- 2386 sft
31 3rd St, Savanna, IL, 61074
$ 325,000
ROI
23.5Cash Flow/m
339- 3 Bed
- 3 Bath
- 2144 sft
107 Lost Ln, Savanna, IL, 61074
$ 120,000
ROI
26.5Cash Flow/m
226- 3 Bed
- 1 Bath
- 1288 sft
115 Calumet 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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