Under $500K 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 properties under $500k in South Jacksonville, IL offers an attractive opportunity for real estate investors. The area displays a solid rental yield and a consistent appreciation rate, making it appealing for both new and experienced investors. With a growing population and job market, South Jacksonville is poised for continued growth in the coming years.
7.5%
Avg. ROI
8.2%
Rental Yield
9%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investors can find single-family homes, duplexes, and some multi-family units priced under $500k. This range offers plenty of options for both long-term rentals and flipping.
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