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

Property at 601 W North 3rd St, Shelbyville, IL
Listed for sale 6 days ago
$ 118,500
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign58
  • 2 Bed
  • 1 Bath
  • 1130 sft
601 W North 3rd St, Shelbyville, IL, 62565
Property at 1103 W South 4th St, Shelbyville, IL
$ 119,900
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign48
  • 3 Bed
  • 1 Bath
  • 1068 sft
1103 W South 4th St, Shelbyville, IL, 62565
Property at 206 N Washington St, Shelbyville, IL
$ 109,900
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign117
  • 3 Bed
  • 2 Bath
  • 1334 sft
206 N Washington St, Shelbyville, IL, 62565
Property at 306 S Vine St, Shelbyville, IL
$ 145,000
ROI
27.8ROI percentage
Cash Flow/m
Dollar sign323
  • 2 Bed
  • 1 Bath
  • 864 sft
306 S Vine St, Shelbyville, IL, 62565

Why Invest in Shelbyville, Illinois?

Investing in properties under $200k in Shelbyville, IL presents a unique opportunity for buyers looking to enter a growing market. With a steady rental demand and average cash flow that supports long-term profitability, Shelbyville offers an attractive landscape for real estate investment. The area is characterized by a resilient economy and increasing property values, making it a strategic choice for investors.

8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental price in Shelbyville is approximately $950 per month, which offers a decent return on investment for landlords.

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