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

Listed for sale today
$ 190,000
ROI
23.2
Cash Flow/m
180- 4 Bed
- 2 Bath
- 2393 sft
900 S State St, Springfield, IL, 62704

$ 239,900
ROI
30.5
Cash Flow/m
716- 3 Bed
- 2 Bath
- 1610 sft
13 Birch Dr, SPRINGFIELD, IL, 62629

Listed for sale today
$ 219,900
ROI
20.3
Cash Flow/m
35- 3 Bed
- 2 Bath
- 1838 sft
101 Adloff Ln, Springfield, IL, 62703

Listed for sale today
$ 125,000
ROI
22.0
Cash Flow/m
77- 2 Bed
- 1 Bath
- 988 sft
3515 Sherman St, Springfield, IL, 62703
Why Invest in Springfield, Illinois?
Springfield, IL offers strong investment opportunities in properties under $300k, with affordable entry points for cash-flowing rentals. State government presence drives steady rental demand from public sector workers. Average cap rates around 7-8% and rental yields of 8-10% make these properties attractive. Annual appreciation of 3-4% combined with 35% renter occupancy supports long-term holds. Low acquisition costs enable higher cash-on-cash returns for investors.
9.5%
Avg. ROI
8.7%
Rental Yield
7.8%
Cap Rate
$325/mo
Avg. Cash Flow
$1150/mo
Avg. Rent
3.5%
1Y Appreciation
Find Your Perfect Investment Property in Springfield, Illinois
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