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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in South Elgin, IL
Listed for sale 4 days ago
$ 289,900
ROI
21.5
Cash Flow/m
136- 2 Bed
- 2 Bath
- 2150 sft
319 Windsor Ct Unit B, South Elgin, IL, 60177
Listed for sale 5 days ago
$ 224,365
ROI
23.9Cash Flow/m
259- 2 Bed
- 1 Bath
- 1164 sft
695 Dean Dr APT G, South Elgin, IL, 60177
Fix & Flip
$ 275,000
ROI
26.2Cash Flow/m
493- 2 Bed
- 2 Bath
- 1676 sft
80 Kingsport Dr, South Elgin, IL, 60177
$ 289,990
ROI
22.3Cash Flow/m
206- 2 Bed
- 3 Bath
- 1200 sft
201 Nicole Dr Unit C, South Elgin, IL, 60177
Why Invest in South Elgin, Illinois?
Investing in properties under $300k in South Elgin, IL, presents a unique opportunity for investors seeking affordability in a growing market. With a steady appreciation rate of around 3%, it's an attractive option for rental properties. The rental yield is competitive, typically around 6%, making it a pocket of potential in an evolving housing landscape.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price for properties in South Elgin, IL, is approximately $1,500. This makes it an attractive option for those looking to invest in rental properties.
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