Under $300K Investment Properties for Sale in Smithton, IL
$ 257,000
ROI
26.0
Cash Flow/m
443- 3 Bed
- 3 Bath
- 2076 sft
9 S Hickory St, Smithton, IL, 62285
$ 219,900
ROI
24.0Cash Flow/m
262- 3 Bed
- 2 Bath
- 1504 sft
3 Adams St, Smithton, IL, 62285
$ 289,000
ROI
21.9Cash Flow/m
171- 3 Bed
- 2 Bath
- 1764 sft
306 Jo Mar Ave, Smithton, IL, 62285
$ 269,900
ROI
29.3Cash Flow/m
718- 4 Bed
- 3 Bath
- 2173 sft
761 Klein Dr, 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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