Under $500K 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
$ 265,000
ROI
27.5Cash Flow/m
569- 3 Bed
- 3 Bath
- 2270 sft
708 E Walnut St, Steeleville, IL, 62288
Fix & Flip
$ 164,900
ROI
29.6Cash Flow/m
450- 3 Bed
- 2 Bath
- 1517 sft
102 N Mulberry St, Steeleville, IL, 62288
$ 175,000
ROI
21.0Cash Flow/m
59- 3 Bed
- 2 Bath
- 1196 sft
604 W Broadway, Steeleville, IL, 62288
Why Invest in Steeleville, Illinois?
Investing in properties under $500k in Steelville, IL offers great opportunities in a growing market. This economically welcoming area benefits from an average ROI of 8%, providing attractive options for investors seeking reliable returns. With a rental yield of 7% and an appreciation rate of 3%, Steelville presents a sound investment choice for real estate enthusiasts.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average property prices in Steelville are quite reasonable, especially for homes under $500k, providing great investment potential for newcomers.
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