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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
$ 284,900
ROI
21.3
Cash Flow/m
123- 3 Bed
- 2 Bath
- 1568 sft
2457 N 41st Rd, Sheridan, IL, 60551
$ 185,000
ROI
22.0Cash Flow/m
114- 3 Bed
- 1 Bath
- 1344 sft
2469 N 41st Rd, Sheridan, IL, 60551
$ 269,900
ROI
19.9Cash Flow/m
13- 3 Bed
- 2 Bath
- 1712 sft
3757 N State Route 71, 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 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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