Under $100K Investment Properties for Sale in Springfield, IL
89- 3 Bed
- 1 Bath
- 921 sft
66- 2 Bed
- 1 Bath
- 984 sft
46- 3 Bed
- 1 Bath
- 1060 sft
110- 2 Bed
- 1 Bath
- 875 sft
Why Invest in Springfield, Illinois?
Springfield, IL offers strong investment potential in homes under $100k, with numerous properties available for budget-conscious investors. These affordable options provide entry points into real estate with steady rental demand driven by state government employment. Average rents around $950 support solid cash flows, while cap rates near 8-10% appeal to value-add strategies. Annual appreciation of 3-4% and renter occupancy over 40% enhance long-term returns in this stable Midwest market.
Frequently Asked Questions
Yes, multiple sources indicate 40-190 properties under $100k, ideal for investors seeking affordable entry points. These often include fixer-uppers with rental potential near downtown. Demand remains steady due to local employment.
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