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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 $500k in Shelbyville, IL offers an attractive opportunity for real estate investors. With a steady demand for rental properties, you can expect consistent cash flow and a favorable rental yield that appeals to diverse tenant demographics. Additionally, Shelbyville has shown promising real estate appreciation rates, making it a suitable choice for savvy investors seeking growth.
8%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investors can expect an average ROI of around 8% for properties in Shelbyville. This makes it a competitive market for those looking to invest in rental properties.
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