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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Sterling, IL
Listed for sale 3 days ago
$ 224,900
ROI
23.9
Cash Flow/m
261- 3 Bed
- 2 Bath
- 1481 sft
3241 Mineral Springs Rd, Sterling, IL, 61081
Listed for sale 3 days ago
$ 159,900
ROI
22.3Cash Flow/m
114- 3 Bed
- 2 Bath
- 1413 sft
708 W 12th St, Sterling, IL, 61081
Listed for sale 3 days ago
$ 139,900
ROI
22.6Cash Flow/m
112- 3 Bed
- 2 Bath
- 1778 sft
2215 5th Ave, Sterling, IL, 61081
Listed for sale 4 days ago
$ 194,000
ROI
23.4Cash Flow/m
195- 3 Bed
- 2 Bath
- 1444 sft
26292 Covell Rd, Sterling, IL, 61081
Why Invest in Sterling, Illinois?
Investing in Sterling, IL, offers excellent opportunities for properties under $500k. With a growing rental market and favorable cap rates, it's an ideal time for real estate investors to explore this thriving community. The city's low vacancy rates and stable appreciation trends further enhance the investment potential.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Sterling, IL, is approximately $1,200 per month, making it affordable for many renters.
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