Under $300K Investment Properties for Sale in Shelbyville, IL
Listed for sale 6 days ago
$ 118,500
ROI
21.5
Cash Flow/m
58- 2 Bed
- 1 Bath
- 1130 sft
601 W North 3rd St, Shelbyville, IL, 62565
$ 119,900
ROI
21.2Cash Flow/m
48- 3 Bed
- 1 Bath
- 1068 sft
1103 W South 4th St, Shelbyville, IL, 62565
$ 109,900
ROI
23.6Cash Flow/m
117- 3 Bed
- 2 Bath
- 1334 sft
206 N Washington St, Shelbyville, IL, 62565
$ 145,000
ROI
27.8Cash Flow/m
323- 2 Bed
- 1 Bath
- 864 sft
306 S Vine St, Shelbyville, IL, 62565
Why Invest in Shelbyville, Illinois?
Investing in Shelbyville, IL, offers the opportunity to acquire properties under $300K with promising returns. The local market is characterized by stable rental demand and potential appreciation, making it ideal for investors on a budget. With low vacancy rates and a growing economy, Shelbyville is poised for future growth.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Shelbyville is around $1,100 per month, making it an affordable option for renters.
Find Your Perfect Investment Property in Shelbyville, Illinois
Explore investment opportunities by strategy, performance, or property type
