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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Sheffield, IL
$ 239,900
ROI
25.7
Cash Flow/m
398- 5 Bed
- 3 Bath
- 2850 sft
316 S Main St, Sheffield, IL, 61361
$ 129,000
ROI
21.1Cash Flow/m
48- 2 Bed
- 1 Bath
- 1100 sft
229 W Farnham St, Sheffield, IL, 61361
Motivated Seller
$ 229,000
ROI
20.5Cash Flow/m
49- 4 Bed
- 3 Bath
- 2844 sft
340 S Main St, Sheffield, IL, 61361
$ 199,900
ROI
21.5Cash Flow/m
97- 3 Bed
- 2 Bath
- 1100 sft
209 E Farnham St, Sheffield, IL, 61361
Why Invest in Sheffield, Illinois?
Investing in Sheffield, Illinois, offers a unique opportunity, especially for those looking to purchase properties under $300k. With a low cost of living and healthy return on investment metrics, this area is ideal for both new and seasoned investors.
8.5%
Avg. ROI
7.2%
Rental Yield
6.4%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental price in Sheffield, IL, is around $1,200 per month, making it an affordable area for potential renters.
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