Under $500K 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
$ 389,900
ROI
25.0Cash Flow/m
563- 5 Bed
- 4 Bath
- 2846 sft
842 Thenius Rd, Sparland, IL, 61565
$ 179,000
ROI
21.3Cash Flow/m
77- 2 Bed
- 1 Bath
- 832 sft
536 Little Big Horn, 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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