Under $200K Investment Properties for Sale in South Jacksonville, IL
Listed for sale 5 days ago
$ 159,900
3 bds | 3 ba | 2,266 sqft
ROI
23.2
Cash Flow/m
154510 W Vandalia Rd, South Jacksonville, IL, 62650
$ 148,000
3 bds | 1 ba | 1,280 sqft
ROI
21.8Cash Flow/m
83117 Havendale Dr, South Jacksonville, IL, 62650
$ 174,900
3 bds | 2 ba | 1,536 sqft
ROI
23.7Cash Flow/m
192408 Melrose St, South Jacksonville, IL, 62650
$ 121,900
2 bds | 2 ba | 864 sqft
ROI
29.7Cash Flow/m
3361611 S Main St, South Jacksonville, IL, 62650
Why Invest in South Jacksonville, Illinois?
Investing in South Jacksonville, IL, particularly in properties under $200k, offers a promising opportunity for investors. With a rental yield of around 8% and an average cash flow of $300 monthly, this area is gaining traction. The local market shows signs of stability with a decent cap rate of 7% and a moderate appreciation rate, making it an attractive option for first-time investors or those looking to expand their portfolio.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in South Jacksonville is approximately $1,200 per month, making it a feasible market for both renters and landlords.
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