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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Sheridan, IL
$ 299,900
ROI
27.9
Cash Flow/m
680- 3 Bed
- 2 Bath
- 1120 sft
3771 Creekside Dr, Sheridan, IL, 60551
Currently Rented
Rental Income
$ 185,000
ROI
38.8Cash 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
Why Invest in Sheridan, Illinois?
Investing in Sheridan, IL, offers opportunity under $300k, appealing for budget-conscious investors. With promising rental yields around 6% and a cap rate of approximately 8%, this area showcases potential for solid cash flow and steady appreciation. It's a favorable time to explore real estate in the region as demand grows.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Sheridan, IL, is approximately $1,200 per month, with a range depending on the property type and size.
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