Under $300K Investment Properties for Sale in South Jacksonville, IL

Property at 510 W Vandalia Rd, South Jacksonville, IL
Listed for sale 5 days ago
$ 159,900
3 bds | 3 ba | 2,266 sqft
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign154
510 W Vandalia Rd, South Jacksonville, IL, 62650
Property at 117 Havendale Dr, South Jacksonville, IL
$ 148,000
3 bds | 1 ba | 1,280 sqft
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign83
117 Havendale Dr, South Jacksonville, IL, 62650
Property at 408 Melrose St, South Jacksonville, IL
$ 174,900
3 bds | 2 ba | 1,536 sqft
ROI
23.7ROI percentage
Cash Flow/m
Dollar sign192
408 Melrose St, South Jacksonville, IL, 62650
Property at 1611 S Main St, South Jacksonville, IL
$ 121,900
2 bds | 2 ba | 864 sqft
ROI
29.7ROI percentage
Cash Flow/m
Dollar sign336
1611 S Main St, South Jacksonville, IL, 62650

Why Invest in South Jacksonville, Illinois?

Investing in South Jacksonville, IL, for properties under $300k can yield promising returns. With an average cap rate of 7% and solid rental yields, this location provides a great entry point for investors. Its affordability combined with trending appreciation rates makes it an attractive option for long-term growth.

10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average rental price for properties in South Jacksonville is approximately $1,200 per month, making it an affordable option for renters.

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