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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Sheridan, IL
Currently Rented
Rental Income
$ 185,000
ROI
38.8
Cash Flow/m
980- 4 Bed
- 2 Bath
- - sft
2563 N 3653rd Rd, Sheridan, IL, 60551
$ 145,000
ROI
31.0Cash Flow/m
455- - Bed
- - Bath
- 948 sft
510 W Grant St, Sheridan, IL, 60551
$ 160,000
ROI
56.3Cash Flow/m
1629- 3 Bed
- 1 Bath
- 1192 sft
LOT 2469 N 37th Rd #41, Sheridan, IL, 60551
Fix & Flip
Rental Income
$ 199,999
ROI
22.1Cash Flow/m
133- 5 Bed
- 2 Bath
- 2610 sft
305 W Park Ave, Sheridan, IL, 60551
Why Invest in Sheridan, Illinois?
Investing in Sheridan, IL, offers the potential for affordable real estate opportunities under $200k. With a stable market, investors can capitalize on favorable rental yields and strong cash flow metrics. The area showcases an appealing investment landscape for those looking to enter the market without substantial upfront costs.
8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$250/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Average home prices in Sheridan are currently around $180,000, making it an affordable option for investors seeking properties under $200k.
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