Under $200K Investment Properties for Sale in Steeleville, IL

Fix & Flip
Listed for sale 6 days ago
$ 175,000
ROI
21.7
Cash Flow/m
94- 3 Bed
- 1 Bath
- 1803 sft
901 E Main St, Steeleville, IL, 62288

Fix & Flip
$ 164,900
ROI
29.6
Cash Flow/m
450- 3 Bed
- 2 Bath
- 1517 sft
102 N Mulberry St, Steeleville, IL, 62288

$ 175,000
ROI
21.0
Cash Flow/m
59- 3 Bed
- 2 Bath
- 1196 sft
604 W Broadway, Steeleville, IL, 62288

$ 190,000
ROI
24.6
Cash Flow/m
255- 2 Bed
- 2 Bath
- 2200 sft
803 N Sparta St, Steeleville, IL, 62288
Why Invest in Steeleville, Illinois?
Investing under $200k in Steeleville, IL, offers appealing prospects for real estate investors seeking affordability and value. The market is characterized by a strong rental yield, with properties maintaining a solid cash flow. Investors can take advantage of the area's steady appreciation and favorable cap rates.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Steeleville, IL is approximately 6%, making it an attractive market for investors looking for cash flow.
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