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

Under $300K Investment Properties for Sale in Shannon, IL

Property at 617 S Linn St, Shannon, IL
$ 195,000
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign385
  • 3 Bed
  • 3 Bath
  • 2216 sft
617 S Linn St, Shannon, IL, 61078
Property at 101 S Hickory St, Shannon, IL
$ 198,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign81
  • 4 Bed
  • 2 Bath
  • 2450 sft
101 S Hickory St, Shannon, IL, 61078
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 209 S Chestnut St, Shannon, IL
$ 174,900
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign156
  • 4 Bed
  • 3 Bath
  • 3076 sft
209 S Chestnut St, Shannon, IL, 61078

Why Invest in Shannon, Illinois?

Investing in Shannon, IL, presents a tremendous opportunity for savvy real estate investors looking for properties under $300k. The area boasts a stable real estate market with reasonable rental yields and considerable appreciation potential. Investors can capitalize on a robust demand for affordable rental housing, positioning themselves for long-term gains.

8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

The average rent in Shannon, IL, is approximately $1,200 per month, making it an attractive market for renters and investors alike.

Find Your Perfect Investment Property in Shannon, Illinois

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Shannon, IL
Fix and Flip Properties in Shannon, IL
Short-Term Rental Properties in Shannon, IL
AI