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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Sparland, IL

$ 389,900
ROI
25.0
Cash Flow/m
563- 5 Bed
- 4 Bath
- 2846 sft
842 Thenius Rd, Sparland, IL, 61565

$ 179,000
ROI
21.3
Cash Flow/m
77- 2 Bed
- 1 Bath
- 832 sft
536 Little Big Horn, Sparland, IL, 61565

Fix & Flip
$ 199,900
ROI
26.2
Cash Flow/m
357- 3 Bed
- 1 Bath
- - sft
714 County Line Rd E, Sparland, IL, 61565

$ 239,900
ROI
22.6
Cash Flow/m
189- 3 Bed
- 3 Bath
- 2132 sft
50 Blackhawk Ct, Sparland, IL, 61565
Why Invest in Sparland, Illinois?
Investing in Sparland, IL offers unique opportunities, particularly in the under $500k market. With an average rental yield of approximately 6%, properties here promise an attractive return for investors looking for growth potential. The area's appreciation rate of about 4% supports long-term investment stability, making it an ideal choice for those seeking to capitalize on affordable housing options.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Sparland, IL is approximately $900 per month, making it an affordable option for renters. This price point reflects the moderate cost of living in the area.
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