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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Steeleville, IL
Listed for sale 4 days ago
$ 264,900
ROI
20.6
Cash Flow/m
63- 4 Bed
- 2 Bath
- 2415 sft
701 S Ridge Ave, Steeleville, IL, 62288
$ 299,000
ROI
23.5Cash Flow/m
315- 5 Bed
- 3 Bath
- 2664 sft
806 Windy Way, Steeleville, IL, 62288
$ 190,000
ROI
24.6Cash 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
Why Invest in Steeleville, Illinois?
Investing in properties under $300K in Illinois provides a unique opportunity for discerning investors looking to capitalize on affordable housing options. With a favorable market highlighting competitive rental yields, this is an ideal scenario for building cash flow through rental income. Illinois has been experiencing a steady appreciation rate, making it an attractive destination for long-term investments.
8%
Avg. ROI
6.5%
Rental Yield
7.5%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
In Illinois, properties under $300K typically include single-family homes, townhouses, and condominiums. These options provide affordable investment opportunities in various neighborhoods.
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