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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Shelbyville, IL

$ 119,900
ROI
21.2
Cash Flow/m
48- 3 Bed
- 1 Bath
- 1404 sft
306 S Oak St, Shelbyville, IL, 62565

$ 110,000
ROI
39.2
Cash Flow/m
596- 2 Bed
- 1 Bath
- 1038 sft
1000 N 1st St, Shelbyville, IL, 62565

$ 143,900
ROI
42.1
Cash Flow/m
893- 3 Bed
- 2 Bath
- 1079 sft
308 N Locust St, Shelbyville, IL, 62565

$ 189,900
ROI
37.6
Cash Flow/m
944- 3 Bed
- 2 Bath
- 1803 sft
1622 State Highway 16, 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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