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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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
39.2Cash Flow/m
596- 2 Bed
- 1 Bath
- 1038 sft
1000 N 1st St, Shelbyville, IL, 62565
$ 143,900
ROI
42.1Cash Flow/m
893- 3 Bed
- 2 Bath
- 1079 sft
308 N Locust St, Shelbyville, IL, 62565
$ 189,900
ROI
37.6Cash Flow/m
944- 3 Bed
- 2 Bath
- 1803 sft
1622 State Highway 16, 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.
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