Under $200K Investment Properties for Sale in Shannon, IL
$ 160,000
ROI
24.5
Cash Flow/m
211- 3 Bed
- 1 Bath
- 1474 sft
217 S Walnut St, Shannon, IL, 61078
$ 165,000
ROI
24.8Cash Flow/m
231- 3 Bed
- 1 Bath
- 1422 sft
218 S Chestnut St, Shannon, IL, 61078
$ 195,000
ROI
26.9Cash Flow/m
385- 3 Bed
- 3 Bath
- 2216 sft
617 S Linn St, Shannon, IL, 61078
$ 198,000
ROI
21.2Cash Flow/m
81- 4 Bed
- 2 Bath
- 2450 sft
101 S Hickory St, Shannon, IL, 61078
Why Invest in Shannon, Illinois?
Investing in Shannon, IL, presents a unique opportunity, especially for properties under $200k. The area boasts competitive rental yields and a steady appreciation rate, making it ideal for first-time investors seeking affordability without compromising growth potential.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Shannon is currently around $180,000, making it an attractive option for budget-conscious investors.
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