Investment Properties Under $200K in Shannon, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Shannon, IL

Property at 401 S Linn St, Shannon, IL
$ 125,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign199
  • 3 Bed
  • 1 Bath
  • 1480 sft
401 S Linn St, Shannon, IL, 61078
Property at 401 S Chestnut St, Shannon, IL
$ 113,500
ROI
66.4ROI percentage
Cash Flow/m
Dollar sign1472
  • 4 Bed
  • 2 Bath
  • 2418 sft
401 S Chestnut St, Shannon, IL, 61078
Property at 210 S Ridge St, Shannon, IL
$ 184,000
ROI
32.7ROI percentage
Cash Flow/m
Dollar sign664
  • 2 Bed
  • 3 Bath
  • 2321 sft
210 S Ridge St, Shannon, IL, 61078
Property at 514 S Linn St, Shannon, IL
$ 150,000
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign65
  • 2 Bed
  • 1 Bath
  • 2080 sft
514 S Linn 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.

Find Your Perfect Investment Property in Shannon, Illinois

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