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

Under $300K 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 26131 Straw School Rd, Shannon, IL
$ 220,000
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign269
  • 2 Bed
  • 2 Bath
  • - sft
26131 Straw School Rd, 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.

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