Under $500K 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 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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