Under $300K Investment Properties for Sale in Sparland, IL
$ 179,000
ROI
25.7
Cash Flow/m
298- 3 Bed
- 2 Bath
- 1582 sft
304 North St, Sparland, IL, 61565
$ 250,000
ROI
22.6Cash Flow/m
198- 4 Bed
- 2 Bath
- 2001 sft
707 Hilltop Dr, Sparland, IL, 61565
$ 179,000
ROI
21.3Cash Flow/m
77- 2 Bed
- 1 Bath
- 832 sft
536 Little Big Horn, Sparland, IL, 61565
Fix & Flip
$ 199,900
ROI
26.2Cash Flow/m
357- 3 Bed
- 1 Bath
- - sft
714 County Line Rd E, Sparland, IL, 61565
Why Invest in Sparland, Illinois?
Investing in Sparland, IL offers opportunities for those looking for properties under $300K. With an average rental yield of 7% and a steady appreciation rate of 3%, this small town provides stability for investors seeking affordable options. The local market attracts renters with an occupancy rate of around 90%, making it a viable choice for generating cash flow.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Sparland is approximately $1,200, making it an affordable option for tenants.
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