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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in South Jacksonville, IL
Listed for sale 6 days ago
$ 137,500
ROI
30.4
Cash Flow/m
406- 3 Bed
- 2 Bath
- 1172 sft
1013 Coronado W, South Jacksonville, IL, 62650
$ 159,900
ROI
22.0Cash Flow/m
102- 3 Bed
- 2 Bath
- 1416 sft
1916 Southview Ct, South Jacksonville, IL, 62650
$ 175,900
ROI
23.4Cash Flow/m
177- 3 Bed
- 2 Bath
- 2494 sft
612 Hall Dr, South Jacksonville, IL, 62650
$ 189,900
ROI
26.9Cash Flow/m
376- 2 Bed
- 2 Bath
- 1933 sft
405 W Michigan Ave, 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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