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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Sparta, IL
$ 349,900
ROI
21.5
Cash Flow/m
165- 3 Bed
- 4 Bath
- 2829 sft
505 S Saint Louis St, Sparta, IL, 62286
$ 155,000
ROI
30.0Cash Flow/m
442- 3 Bed
- 2 Bath
- 1080 sft
206 S Dewey St, Sparta, IL, 62286
$ 169,900
ROI
25.2Cash Flow/m
258- 2 Bed
- 2 Bath
- 1310 sft
316 N Saint Louis St, Sparta, IL, 62286
$ 118,000
ROI
52.0Cash Flow/m
1060- 3 Bed
- 2 Bath
- 1851 sft
608 Cypress Ln, Sparta, IL, 62286
Why Invest in Sparta, Illinois?
Investing in Sparta, Illinois, offers unique opportunities for properties under $500K. With a stable appreciation rate and favorable rental yields, investors can benefit significantly from the local market conditions.
8.5%
Avg. ROI
6%
Rental Yield
9%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
In Sparta, investors can find single-family homes, duplexes, and small multifamily buildings under $500K. The market offers diverse options suitable for both rental and personal use.
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