Under $500K Investment Properties for Sale in Smithton, IL
Listed for sale 6 days ago
$ 389,000
ROI
22.9
Cash Flow/m
341- 4 Bed
- 3 Bath
- 3280 sft
4540 Baywood Ln, Smithton, IL, 62285
$ 440,000
ROI
19.8Cash Flow/m
9- 3 Bed
- 4 Bath
- 2856 sft
4009 Autumn Oak Dr, Smithton, IL, 62285
$ 257,000
ROI
26.0Cash 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
Why Invest in Smithton, Illinois?
Investing in Smithton, IL, offers great opportunities with homes priced under $500k. As a growing community, it boasts a favorable rental market with an observed rental yield of around 6%. The current real estate landscape indicates a solid cap rate of 8%, making it an attractive spot for investors looking to maximize cash flow.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Average home prices in Smithton generally hover around $250,000, making it an affordable option for many buyers. Homes under $500k are increasingly available, offering plenty of options for investors and families alike.
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