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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Smithton, IL
Listed for sale 6 days ago
$ 200,000
ROI
24.4
Cash Flow/m
258- 3 Bed
- 2 Bath
- 1110 sft
309 Weinel Dr, Smithton, IL, 62285
$ 200,000
ROI
22.5Cash Flow/m
152- 2 Bed
- 1 Bath
- 1144 sft
603 N Hickory St, Smithton, IL, 62285
$ 289,900
ROI
27.2Cash Flow/m
600- 4 Bed
- 2 Bath
- 1764 sft
4550 Barleyridge Dr, Smithton, IL, 62285
$ 275,000
ROI
25.5Cash Flow/m
441- 2 Bed
- 3 Bath
- 2275 sft
4557 Elk Meadows Ln, Smithton, IL, 62285
Why Invest in Smithton, Illinois?
Investing in properties under $300k in Smithton, IL presents a unique opportunity for investors. With a favorable rental yield and increasing appreciation rates, Smithton is appealing for those looking to capitalize on affordable housing. The area's steady job growth adds to the potential for strong cash flow as renters seek quality accommodations.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Smithton is approximately $1200 per month. This reflects the demand for housing in the area as more people relocate for jobs and community amenities.
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