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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Steeleville, IL
$ 190,000
ROI
24.6
Cash Flow/m
255- 2 Bed
- 2 Bath
- 2200 sft
803 N Sparta St, Steeleville, IL, 62288
$ 100,000
ROI
22.8Cash Flow/m
84- 3 Bed
- 1 Bath
- 2000 sft
4750 Ballpark Rd, Steeleville, IL, 62288
$ 134,000
ROI
19.8Cash Flow/m
3- 3 Bed
- 1 Bath
- 1200 sft
609 W Broadway St, Steeleville, IL, 62288
$ 110,000
ROI
62.0Cash Flow/m
1294- 4 Bed
- 2 Bath
- 2000 sft
605 W South 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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