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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
$ 268,000
ROI
27.8
Cash Flow/m
597- 3 Bed
- 3 Bath
- 2166 sft
4507 Elk Meadows Ln, Smithton, IL, 62285
$ 188,000
ROI
24.1Cash Flow/m
227- 3 Bed
- 1 Bath
- 1064 sft
410 S Smith St, Smithton, IL, 62285
$ 100,000
ROI
22.3Cash Flow/m
70- 3 Bed
- 2 Bath
- 1232 sft
309 Sunset Dr, Smithton, IL, 62285
Fix & Flip
$ 264,000
ROI
20.0Cash Flow/m
15- 3 Bed
- 2 Bath
- 1564 sft
4574 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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