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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 $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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