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

Listed for sale 1 day ago
$ 449,000
ROI
20.7
Cash Flow/m
117- 3 Bed
- 4 Bath
- 4068 sft
430 Lakeview Ln, Spaulding, IL, 62561

Fix & Flip
$ 195,000
ROI
23.7
Cash Flow/m
214- 3 Bed
- 3 Bath
- 1556 sft
145 N Allen St, Spaulding, IL, 62561

$ 219,500
ROI
26.4
Cash Flow/m
404- 3 Bed
- 2 Bath
- 1550 sft
104 N Main St, Spaulding, IL, 62561

$ 315,000
ROI
23.3
Cash Flow/m
311- 4 Bed
- 3 Bath
- 2417 sft
407 Dogwood Ct, Spaulding, IL, 62561
Why Invest in Spaulding, Illinois?
Investing in Illinois real estate, particularly in areas under $500k, offers intriguing opportunities for potential returns. The state has a diverse economic base and ongoing developments that can drive property values higher. Additionally, with rental yields averaging around 7%, investors can benefit from steady cash flow while enjoying potential appreciation in property values.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Illinois can vary significantly by region but generally provide good investment opportunities in suburban areas.
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